The prices in real estate in Anacoco, in the Louisiana region have had a strong fall in the last couple of months. The real estate prices for second hand homes have gone through a strong fall in this city.
The price per sq.feet in Anacoco has had a strong decrease during the last 6 months. In November, the average price per sq.feet was $10,366. In the following month the price per sq.feet increased to $11,484. The price for the following two months in (January, February) had a considerable decrease of 47 with regard to the prior two months. The price per sq.feet has had a considerable deflation of 66 % 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 $8,020.25 to $5,276 during March, and April.
Based upon to the price in Anacoco (cities), this has fallen considerably in the last 6 months. In our first sample month during November, the average price is $189,643. In December This price remains at $190,039. During the following two months (January, February) the average price had a considerable reduction of 40 % 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 145 % during the last two months.