The prices in real estate in Muscadine, 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 Muscadine has increased strongly during the last 6 months. In November, the average price per sq.feet was $170. In the following month the price per sq.feet increased considerably to $1,167. The price for the following two months in (January, February) had a considerable increment of 9584 %. The price per sq.feet has had a considerable deflation of 6 % 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 $32,369.75 to $1,797.5 during March, and April.
Based upon to the price in Muscadine (cities), this has gone up in the last 6 months. The average price during our first sample month during November, is $247,867. During December the price went through a considerable rise reaching $293,811. During the following two months (January, February) the price has had an average incrementation from $270,839 to $297,677.5. During the last two months the average price has had a strong fall compared to the previous four going from $284,258.25 to $210,713.5, which means a 74 % fall.