The prices in real estate in Shorter, 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 Shorter has increased strongly during the last 6 months. In October, the average price per sq.feet was $4,709. In the following month the price per sq.feet increased considerably to $18,532. The price for the following two months in (December, January) decreased 89 % with regard to the prior two months. The price per sq.feet has had a considerable increase of 169 % 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 $10,995.5 to $18,593 during February, and March.
Based upon to the price in Shorter (cities), this has gone up considerably in the last 6 months. In our first sample month during October, the average price is $236,666. In November This price remains at $237,500. During the following two months (December, January) the average price had a considerable reduction of 42 % 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 304 % during the last two months.