The prices in real estate in Houlka, in the Mississippi 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 Houlka has had a strong decrease during the last 6 months. In November, the average price per sq.feet was $1,278. In December this price pretty much remained the same at a value of $1,225 per sq.feet. The price for the following two months in (January, February) had a considerable decrease of 64 with regard to the prior two months. The price per sq.feet has had a considerable increase of 121 % 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 $1,023.75 to $1,239 during March, and April.
Based upon to the price in Houlka (cities), this has fallen considerably in the last 6 months. The average price for November is $332,920. During December the price had a considerable reduction till $212,940. During the following two months (January, February) the average price had a considerable reduction of 39 % 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 risen strongly 126 % during the last two months.