The prices in real estate in Farmerville, 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 Farmerville has increased strongly during the last 6 months. In November, the average price per sq.feet was $332. In the following month the price per sq.feet increased to $355. The price for the following two months in (January, February) had a considerable increment of 668 %. The price per sq.feet has had a considerable increase of 505 % 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 $1,319 to $6,657 during March, and April.
Based upon to the price in Farmerville (cities), this has gone up considerably in the last 6 months. The price in November is $269,221, rising in December till $307,544. During the following two months (January, February) the average price had a considerable increase of 172 % 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 $391,879.25 to $234,307.5, which means a 60 % fall.