The prices in real estate in Shreveport, 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 Shreveport has increased strongly during the last 6 months. In October, the average price per sq.feet was $141. In the following month the price per sq.feet increased considerably to $277. In the following two months the price per sq.feet has barely changed, going from $209 to $210.5 per sq.feet. The price per sq.feet has had a considerable deflation of 66 % 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 $209.75 to $138.5 during February, and March.
Based upon to the price in Shreveport (cities), these have remained the same in the last 6 months. The price in October is $236,329, rising in November till $251,071. In the following two months the average price has remained the same with regard to the previous two months from $243,700 to $245,287. During the last two months, the average price has reduced with regard to the previous ones. To be precise it has gone down 89 %, going from $244,493.5 to $216,531.5 in February and March.
The graph displaying the average price for bedrooms illustrates that those properties with 2 bedrooms are the cheapest ones. At a price of $233,779 they are 64 % more affordable than the average price for Shreveport. The properties with the highest average price have 4 bedrooms, Their price is 68 % more costly than the average. After that we have properties with 3 bedrooms priced at $178,778.
With regard to the average price per sq.feet , those properties with 2 bedrooms are the cheapest ones at a cost of $72 / sq.feet, with an average $152 / sq.feet price in Shreveport. The properties with the highest average prices have 4 bedrooms. They are 911 % more expensive than the average followed by properties with 1 bedroom with a price at $190 / sq.feet.
The graph displaying the average prices displays the property type "Condo" as the most affordable one. At an cost of $233,779 it is 61 % cheaper than the average price in Shreveport. "Townhouse" is seen as the second most affordable property type. The dearest property type is "House" followed by "Land". At a price of $190,580 it is 0 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "Condo" at an average cost of $87 / sq.feet followed by "House" priced at $120 / sq.feet. "Land" is the most costly type of property with a $30,259 / sq.feet cost followed by "Townhouse" with an average price of $122 / sq.feet.