The prices in real estate in Red Level, 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 Red Level has increased strongly during the last 6 months. In October, the average price per sq.feet was $125. In November this price pretty much remained the same at a value of $122 per sq.feet. The price for the following two months in (December, January) had a considerable increment of 467 %. The price per sq.feet has had a considerable increase of 675 % 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 $350.25 to $2,364.5 during February, and March.
Based upon to the price in Red Level (cities), this has gone downing the last 6 months. The price in October is $272,286, rising in November till $297,444. During the following two months (December, January) the price has had an average incrementation from $284,865 to $299,238. During the last two months the average price has had a strong fall compared to the previous four going from $292,051.5 to $183,542.5, which means a 63 % fall.