The prices in real estate in Maylene, 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 Maylene has increased strongly during the last 6 months. In November, the average price per sq.feet was $168. In December this price pretty much remained the same at a value of $164 per sq.feet. In the following two months the price per sq.feet has barely changed, going from $166 to $166 per sq.feet. The price per sq.feet has had a considerable increase of 649 % 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 $166 to $1,078 during March, and April.
Based upon to the price in Maylene (cities), these have remained the same in the last 6 months. In our first sample month during November, the average price is $378,938. In December This price remains at $368,837. In the following two months the average price has remained the same with regard to the previous two months from $373,887.5 to $379,600.5. Based on an analysis of the first four prices and the last two months the average price has gone up 110 % during the last two months.