Property prices for sale in Ranburne (Alabama)
The prices in real estate in Ranburne, in the Alabama region have had a strong fall in the last couple of months. The real estate prices for second hand homes have gone through a strong fall in this city.
The price per sq.feet in Ranburne has had a strong decrease during the last 6 months. In November, the average price per sq.feet was $9,819. In the following month the price per sq.feet decreased considerably to $129. The price for the following two months in (January, February) had a considerable decrease of 17 with regard to the prior two months. The price per sq.feet has had a considerable deflation of 54 % 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 $2,922 to $1,573.5 during March, and April.
Based upon to the price in Ranburne (cities), this has gone downing the last 6 months. The average price for November is $238,856. During December the price had a slight fall till $224,350. During the following two months (January, February) the average price had a considerable reduction of 54 % with regard to the previous two months. Based on an analysis of the first four prices and the last two months the average price has risen strongly 170 % during the last two months.
