The prices in real estate in Mer Rouge, 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 Mer Rouge has had a strong decrease during the last 6 months. In November, the average price per sq.feet was $6,939. In the following month the price per sq.feet increased to $7,632. The price for the following two months in (January, February) had a considerable decrease of 0 with regard to the prior two months. The price per sq.feet has had a considerable deflation of 0 % 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 $3,642.75 to during March, and April.
Based upon to the price in Mer Rouge (cities), this has fallen considerably in the last 6 months. The price in November is $536,000, rising in December till $570,000. During the following two months (January, February) the average price had a considerable reduction of 0 % 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 $276,500 to , which means a 0 % fall.