The prices in real estate in Carencro, in the Louisiana 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 Carencro has increased strongly during the last 6 months. In December, the average price per sq.feet was $30. In the following month the price per sq.feet increased considerably to $252. In the following two months the price per sq.feet has barely changed, going from $141 to $147.5 per sq.feet. The price per sq.feet has had a considerable deflation of 10 % 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 $144.25 to $14.5 during April, and May.
Based upon to the price in Carencro (cities), this has gone up considerably in the last 6 months. The average price during our first sample month during December, is $48,218. During January the price went through a considerable rise reaching $170,622. During the following two months (February, March) the average price had a considerable increase of 119 % 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 $119,834.75 to $24,084.5, which means a 20 % fall.