The rent prices in real estate in Madisonville, in the Louisiana region have fallen considerably in the last couple of months. There has been a strong fall in the rent prices in this city.
The price per sq.feet in Madisonville has had a strong fall during the last 6 months. In April, the average price per sq.feet was $47. In May this price barely changed remaining at $47 per sq.feet. The price for the following two months in (June, July) had a considerable fall of 36 with regard to the previous two months. The price per sq.feet has had a considerable fall of 2 % 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 $32.05 to $0.56 during August, and September.
When referring to the price in Madisonville (cities), this has fallen in the last 6 months. In our first sample month during April, the average price is $2,238. In May This price remains at $2,238. During the following two months (June, July) the average price fell 86 % with regard to the previous two months. During the last two months, the average price has barely gone through any changes with regard to the previous average values going from an average value of $2,078.5 and $2,098.5 between August and September.
The graph displaying the average rent price for bedrooms illustrates that those properties with 2 bedrooms are the most expensive ones. At a price of $2,040 they are 3 % more expensive than the average price for Madisonville. Following this ranking we find those properties with 1 at an average price of $2,193. The properties with the highest average price have 1 bedroom, Their price is 8 % more expensive than the average. After that we have properties with 2 bedrooms priced at $2,106.
With regard to the average prices per sq.feet those properties with 1 bedroom are 2783 % more expensive than the average price of ($32 / sq.feet) in Madisonville. Properties with the most expensive price when referring to the number of bedrooms / sq.feet are those with 1 bedroom. They are 2783 % more expensive than the average value aforementioned.
The graph displaying the average rent prices displays the property type "" as the most expensive one. At an cost of $2,040 it is 3 % more expensive than the average price in Madisonville. "Townhouse" is seen as the second most expensive property type. The most expensive property type is "Townhouse" followed by "". At a price of $2,106 it is 14 % more expensive than the average price.
According to the average area price by sq.feet the most expensive property type is "Townhouse with an average cost of $59 / sq.feet. "Townhouse" at an average price of $59 / sq.feet has the highest price and would be directed at more affluent cities.