Property prices for sale in Lake Arthur (Louisiana)
The prices in real estate in Lake Arthur, in the Louisiana 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 Lake Arthur has had a strong decrease during the last 6 months. In November, the average price per sq.feet was $19,078. In the following month the price per sq.feet decreased considerably to $14,676. The price for the following two months in (January, February) had a considerable decrease of 79 with regard to the prior two months. The price per sq.feet has had a considerable deflation of 1 % 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 $15,123.5 to $113 during March, and April.
Based upon to the price in Lake Arthur (cities), this has fallen considerably in the last 6 months. The average price for November is $235,091. During December the price had a considerable reduction till $150,293. During the following two months (January, February) the average price had a considerable reduction of 63 % 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 120 % during the last two months.
