The prices in real estate in Gloster, 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 Gloster has increased strongly during the last 6 months. In November, the average price per sq.feet was $5,334. In the following month the price per sq.feet decreased considerably to $3,671. The price for the following two months in (January, February) had a considerable increment of 207 %. The price per sq.feet has had a considerable increase of 410 % 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 $6,913.75 to $28,372 during March, and April.
Based upon to the price in Gloster (cities), this has fallen considerably in the last 6 months. The price in November is $246,740, rising in December till $279,297. During the following two months (January, February) the average price had a considerable reduction of 47 % 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 $193,464 to $121,402.5, which means a 63 % fall.