Property prices for sale in Ponchatoula (Louisiana)
The prices in real estate in Ponchatoula, 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 Ponchatoula has had a strong decrease during the last 6 months. In October, the average price per sq.feet was $957. In the following month the price per sq.feet decreased considerably to $764. The price for the following two months in (December, January) had a considerable increment of 121 %. The price per sq.feet has had a considerable deflation of 25 % 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 $950.25 to $238.5 during February, and March.
Based upon to the price in Ponchatoula (cities), these have remained the same in the last 6 months. In our first sample month during October, the average price is $280,146. In November This price remains at $280,567. In the following two months the average price has remained the same with regard to the previous two months from $280,356.5 to $287,877.5. 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 $284,117 and $293,653.5 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 $280,669 they are 33 % more affordable than the average price for Ponchatoula. The properties with the highest average price have 4 bedrooms, Their price is 22 % more costly than the average. After that we have properties with 3 bedrooms priced at $240,316.
With regard to the average price per sq.feet , those properties with 3 bedrooms are the most costly ones at a cost of $154 / sq.feet, with an average $149 / sq.feet price in Ponchatoula. The properties with the highest average prices have 1 bedroom. They are 34 % more expensive than the average followed by properties with 2 bedrooms with a price at $196 / sq.feet.
The graph displaying the average prices displays the property type "Townhouse" as the most affordable one. At an cost of $280,669 it is 31 % cheaper than the average price in Ponchatoula. "House" is seen as the second most affordable property type. The dearest property type is "Land" followed by "Detached House". At a price of $307,921 it is 68 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "Detached House" at an average cost of $143 / sq.feet followed by "Townhouse" priced at $320 / sq.feet. "Land" is the most costly type of property with a $29,421 / sq.feet cost followed by "House" with an average price of $661 / sq.feet.
