The prices in real estate in Steele, 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 Steele has increased strongly during the last 6 months. In November, the average price per sq.feet was $347. In the following month the price per sq.feet increased considerably to $21,703. The price for the following two months in (January, February) had a considerable decrease of 55 with regard to the prior two months. The price per sq.feet has barely changed in the last two months compared to the average price of the previous four months going from an average price of $8,540 to $8,606 during March y April
Based upon to the price in Steele (cities), this has fallen considerably in the last 6 months. In our first sample month during November, the average price is $691,600. In December This price remains at $667,967. During the following two months (January, February) the average price had a considerable reduction of 76 % 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 $598,956.25 to $307,331.5, which means a 51 % fall.