The rent prices in real estate in Geismar, in the Louisiana region have slightly fallen in the last couple of months. There has been a fall in the rent prices in this city.
The price per sq.feet in Geismar has fallen during the last 6 months. In December, the average price per sq.feet was $0.99. In the following month the price per sq.feet fell considerably to . The price for the following two months in (February, March) had a considerable rise of 211 %. The price per sq.feet has had a considerable rise of 142 % 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 $0.77 to $1.1 during April, and May.
When referring to the price in Geismar (cities), this has risen considerably in the last 6 months. The average price during our first sample month during December, is $1,772. During January the price went through a considerable rise reaching $2,285. During the following two months (February, March) the average price had a considerable rise of 117 % with regard to the previous two months. During the last two months, the average price has fallen with regard to the previous ones. To be precise it has fallen 86 %, going from $2,204.25 to $1,888.5 in April and May.
The graph displaying the average rent price for bedrooms illustrates that those properties with 1 bedroom are the most affordable ones. At a price of $1,883 they are 6 % more affordable than the average price for Geismar . The properties with the lowest average price have 2 bedrooms, Their price is 5 % more affordable than the average. After that we have properties with 1 bedroom priced at $1,766.
According to average price per property type in Geismar, "" priced at $1,795 is 5 % lower than the average price ($1,883) in this city.