The rent prices in real estate in Ponchatoula, 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 Ponchatoula has had a strong fall during the last 6 months. In April, the average price per sq.feet was $1.03. In May this price barely changed remaining at $0.99 per sq.feet. In the following two months the price per sq.feet has risen 110 %, going from $1.01 to $1.12 per sq.feet. The price per sq.feet has had a considerable fall of 0 % 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 $1.06 to during August, and September.
When referring to the price in Ponchatoula (cities), this has fallen considerably in the last 6 months. The average price for April is $1,349. During May the price had a slight fall till $1,175. In the following two months the average price has hardly changed with regard to the previous two months from $1,262 to $1,246.5. During the last two months the average price has fallen greatly compared to the previous four going from $1,254.25 to $588.5, which means a 47 % fall.