The rent prices in real estate in New Roads, in the Louisiana region have fallen considerably in the last couple of months. There has been a strong fall in the rent prices in this city.
The price per sq.feet in New Roads has had a strong fall during the last 6 months. In October, the average price per sq.feet was $1. In the following month the price per sq.feet fell considerably to $0.82. The price for the following two months in (December, January) fell 90 % with regard to the previous two months. The price per sq.feet has had a considerable fall of 40 % 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 $0.87 to $0.35 during February, and March.
When referring to the price in New Roads (cities), this has fallen considerably in the last 6 months. The average price for October is $2,200. During November the price had a considerable fall till $1,297. During the following two months (December, January) the average price had a considerable fall of 48 % with regard to the previous two months. During the last two months, the average price has barely gone through any changes with regard to the previous average values going from an average value of $1,293.75 and $1,256.5 between February and March.