Property prices for sale in Morganza (Louisiana)

The price per sq.feet in Morganza has had a strong decrease during the last 6 months. In November, the average price per sq.feet was $117. In the following month the price per sq.feet increased considerably to $139. The price for the following two months in (January, February) had a considerable decrease of 77 with regard to the prior two months. The price per sq.feet has had a considerable deflation of 44 % 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 $113.5 to $50 during March, and April.

Based upon to the price in Morganza (cities), this has fallen considerably in the last 6 months. In our first sample month during November, the average price is $229,500. In December This price remains at $224,800. During the following two months (January, February) the average price had a considerable reduction of 70 % 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 $193,450 to $79,300, which means a 41 % fall.