Property prices for sale in Louisiana region

The price per sq.feet in Louisiana has increased strongly in the last 6 months. During October, the average price per sq.feet was $268. The following month (November) the price had a considerable increase reaching $627 per sq.feet. The following two months (December, January) went through a considerable deflation of 68 % in the price per sq.feet with regard to the previous two. In the last two months, the price per sq.feet has decreased 90 %. This has been obtained by comparing the price $376.75 for the first four months of the sample with regard to the previous 4 months and the price $338.5 per sq.feet for the last two months (February, March).

Based upon to the price in Louisiana(region), these have remained the same in the last 6 months. In the first month sample October the average price is $320,231. In November the price was the same at $335,534. In the following two months the average price didn't change much compared to the previous two going from $327,882.5 to $328,932. During the last two months the average price has remained stagnant and has gone from $328,407.25 to $325,554.5 during February and March.

The graph displaying the the average price per number of bedrooms shows that those with 2 bedrooms are the cheapest ones. They are 52 % more affordable than the average price in Louisiana followed by those with 1 with an average price of $179,997. The most costly properties have 4 bedrooms. They are 20 % more expensive than the average followed by those properties with 3 bedrooms priced at $282,229.

Based on the average price per sq.feet those properties with 3 bedrooms are the cheapest ones with a price of $162 / sq.feet being $228 / sq.feet the average value within the Louisiana region. The properties with the most expensive average price are those with 4 bedrooms. These are 21 % more costly than the average followed by those with 1 bedroom with a price of $262 / sq.feet.

The graph displaying the average price according to the property type shows "Land" as the cheapest one. With an average cost of $360,752 it is 64 % more affordable than the average in Louisiana. This is followed by "Townhouse" with a price of $208,757. The dearest property type is "Commercial" and is 28 % more expensive than the average, followed by "House" with a cost of $372,870.

Based on the average cost per sq.feet the cheapest property type is "Townhouse with a an average cost of $139 / sq.feet, followed by "Commercial" with a price of $143 / sq.feet. "Land" with an average price of $1,294 / sq.feet is the most costly type of property followed by "Condo" at a price of $222 / sq.feet.