The prices in real estate in Lafitte, 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 Lafitte has increased strongly during the last 6 months. In October, the average price per sq.feet was $108. In the following month the price per sq.feet increased considerably to $595. The price for the following two months in (December, January) had a considerable increment of 216 %. The price per sq.feet has had a considerable increase of 162 % 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 $555.5 to $901 during February, and March.
Based upon to the price in Lafitte (cities), this has fallen considerably in the last 6 months. The average price for October is $318,857. During November the price had a considerable reduction till $217,605. During the following two months (December, January) the average price fell 94 % 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 107 % during the last two months.