Property prices for sale in French Settlement (Louisiana)

The price per sq.feet in French Settlement has had a strong decrease during the last 6 months. In November, the average price per sq.feet was $21,846. In the following month the price per sq.feet increased considerably to $26,168. The price for the following two months in (January, February) had a considerable decrease of 28 with regard to the prior two months. The price per sq.feet has had a considerable deflation of 24 % 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 $15,392.5 to $3,771 during March, and April.

Based upon to the price in French Settlement (cities), this has fallen considerably in the last 6 months. In our first sample month during November, the average price is $261,000. In December This price remains at $251,200. During the following two months (January, February) the average price had a considerable reduction of 42 % 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 gone up 113 % during the last two months.