The prices in real estate in Basile, 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 Basile has had a strong decrease during the last 6 months. In November, the average price per sq.feet was $4,043. In December this price pretty much remained the same at a value of $3,851 per sq.feet. The price for the following two months in (January, February) had a considerable decrease of 52 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 $2,998 to $3,097 during March y April
Based upon to the price in Basile (cities), this has gone up considerably in the last 6 months. The average price during our first sample month during November, is $1,703,480. During December the price went through a considerable rise reaching $4,606,057. During the following two months (January, February) the average price fell 90 % 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 $3,002,632.75 to $1,769,469, which means a 59 % fall.