The prices in real estate in Mangham, 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 Mangham has had a strong decrease during the last 6 months. In November, the average price per sq.feet was $27,588. In the following month the price per sq.feet decreased considerably to $14,358. The price for the following two months in (January, February) had a considerable decrease of 82 with regard to the prior two months. The price per sq.feet has had a considerable increase of 143 % 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 $19,068 to $27,230 during March, and April.
Based upon to the price in Mangham (cities), this has gone up considerably in the last 6 months. The average price for November is $146,180. During December the price had a considerable reduction till $119,625. During the following two months (January, February) the average price had a considerable increase of 141 % 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 640 % during the last two months.