The prices in real estate in Slocomb, 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 Slocomb has increased strongly during the last 6 months. In November, the average price per sq.feet was $2,244. In the following month the price per sq.feet increased considerably to $3,890. The price for the following two months in (January, February) had a considerable decrease of 82 with regard to the prior two months. The price per sq.feet has had a considerable increase of 137 % 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 $2,785 to $3,816.5 during March, and April.
Based upon to the price in Slocomb (cities), this has gone downing the last 6 months. In our first sample month during November, the average price is $245,991. In December This price remains at $242,218. During the following two months (January, February) the average price fell 92 % with regard to the previous two months. During the last two months the average price has had a strong fall compared to the previous four going from $233,943.75 to $192,903.5, which means a 82 % fall.