Property prices for sale in Verbena (Alabama)
The prices in real estate in Verbena, 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 Verbena has increased strongly during the last 6 months. In November, the average price per sq.feet was $343. In the following month the price per sq.feet increased considerably to $802. The price for the following two months in (January, February) had a considerable increment of 140 %. The price per sq.feet has had a considerable increase of 150 % 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 $686.25 to $1,031.5 during March, and April.
Based upon to the price in Verbena (cities), this has gone up in the last 6 months. The average price for November is $371,368. During December the price had a considerable reduction till $269,953. During the following two months (January, February) the average price had a considerable increase of 129 % 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 124 % during the last two months.
