The prices in real estate in Gallant, in the Alabama region have had a strong rise in the last couple of months. The real estate prices for second hand homes have gone through a strong increase in this city.
The price per sq.feet in Gallant has increased strongly during the last 6 months. In October, the average price per sq.feet was $115. In the following month the price per sq.feet increased considerably to $409. The price for the following two months in (December, January) had a considerable decrease of 65 with regard to the prior two months. The price per sq.feet has had a considerable increase of 141 % in the last two months compared to the average price for the previous four months. This was obtained by comparing the first four months of the period going from a price per sq.feet of $216.25 to $304.5 during February, and March.
Based upon to the price in Gallant (cities), these have remained the same in the last 6 months. The price in October is $583,540, rising in November till $646,067. During the following two months (December, January) the average price fell 91 % with regard to the previous two months. During the last two months, the average price has reduced with regard to the previous ones. To be precise it has gone down 88 %, going from $588,356 to $515,680 in February and March.