Property prices for sale in Baton Rouge (Louisiana)
The prices in real estate in Baton Rouge, 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 Baton Rouge has increased strongly during the last 6 months. In October, the average price per sq.feet was $133. In November this price pretty much remained the same at a value of $131 per sq.feet. The price for the following two months in (December, January) had a considerable increment of 120 %. The price per sq.feet has increased 114 % 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 $145.25 to $166 during February, and March.
Based upon to the price in Baton Rouge (cities), this has gone downing the last 6 months. The average price for October is $356,194. During November the price had a slight fall till $313,708. In the following two months the average price has remained the same with regard to the previous two months from $334,951 to $343,949. During the last two months, the average price has pretty much remained the same with regard to the previous average values going from an average value of $339,450 and $338,787 between February and March.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $386,024 they are 71 % more affordable than the average price for Baton Rouge. The properties with the highest average price have 4 bedrooms, Their price is 31 % more costly than the average. After that we have properties with 3 bedrooms priced at $297,377.
With regard to the average price per sq.feet , those properties with 1 bedroom are the cheapest ones at a cost of $142 / sq.feet, with an average $169 / sq.feet price in Baton Rouge. The properties with the highest average prices have 4 bedrooms. They are 9 % more expensive than the average followed by properties with 3 bedrooms with a price at $169 / sq.feet.
The graph displaying the average prices displays the property type "Condo" as the most affordable one. At an cost of $386,024 it is 55 % cheaper than the average price in Baton Rouge. "Townhouse" is seen as the second most affordable property type. The dearest property type is "House" followed by "Commercial". At a price of $421,986 it is 10 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "Commercial" at an average cost of $126 / sq.feet followed by "Condo" priced at $139 / sq.feet. "Land" is the most costly type of property with a $151,926 / sq.feet cost followed by "Apartment" with an average price of $187 / sq.feet.
