The prices in real estate in Pierre Part, in the Louisiana 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 Pierre Part has increased strongly during the last 6 months. In November, the average price per sq.feet was $158. In the following month the price per sq.feet increased to $166. In the following two months the price per sq.feet has increased 110 %, going from $162 to $178 per sq.feet. The price per sq.feet has had a considerable increase of 231 % 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 $170 to $392 during March, and April.
Based upon to the price in Pierre Part (cities), this has gone up considerably in the last 6 months. The average price for November is $285,172. During December the price had a slight fall till $265,241. During the following two months (January, February) the average price had a considerable increase of 127 % 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 154 % during the last two months.