The prices in real estate in Welsh, 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 Welsh has had a strong decrease during the last 6 months. In November, the average price per sq.feet was $875. In the following month the price per sq.feet increased considerably to $1,405. The price for the following two months in (January, February) had a considerable decrease of 29 with regard to the prior two months. The price per sq.feet has decreased 88 % 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 $734.25 to $646.5 during March, and April.
Based upon to the price in Welsh (cities), this has gone up considerably in the last 6 months. The price in November is $222,617, rising in December till $236,483. During the following two months (January, February) the average price had a considerable increase of 194 % 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 $337,483.75 to $246,692, which means a 73 % fall.