The prices in real estate in Pearl River, 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 Pearl River has had a strong decrease during the last 6 months. In April, the average price per sq.feet was $91,122. In the following month the price per sq.feet decreased considerably to $147. The price for the following two months in (June, July) 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 $22,887.75 to $61 during August, and September.
Based upon to the price in Pearl River (cities), this has fallen considerably in the last 6 months. The average price for April is $400,720. During May the price had a slight fall till $375,075. In the following two months the average price has remained the same with regard to the previous two months from $387,897.5 to $388,912.5. During the last two months the average price has had a strong fall compared to the previous four going from $388,405 to $148,575, which means a 38 % fall.