The prices in real estate in Louisiana, in the Missouri 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 Louisiana has increased strongly during the last 6 months. In October, the average price per sq.feet was $130. In the following month the price per sq.feet decreased considerably to $106. The price for the following two months in (December, January) had a considerable decrease of 69 with regard to the prior two months. The price per sq.feet has had a considerable increase of 789 % 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 $99.75 to $787.5 during February, and March.
Based upon to the price in Louisiana (cities), this has fallen considerably in the last 6 months. The average price for October is $396,363. During November the price had a considerable reduction till $231,781. During the following two months (December, January) the average price had a considerable reduction of 73 % 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 $271,260 to $186,508.5, which means a 69 % fall.