The prices in real estate in Abita Springs, 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 Abita Springs has increased strongly during the last 6 months. In October, the average price per sq.feet was $177. In the following month the price per sq.feet increased considerably to $226. The price for the following two months in (December, January) had a considerable increment of 147 %. The price per sq.feet has had a considerable increase of 1014 % 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 $248.5 to $2,519 during February, and March.
Based upon to the price in Abita Springs (cities), this has gone downing the last 6 months. The average price for October is $451,280. During November the price had a considerable reduction till $381,442. In the following two months the average price has remained the same with regard to the previous two months from $416,361 to $406,491.5. Based on an analysis of the first four prices and the last two months the average price has gone up 106 % during the last two months.
The graph displaying the average price for bedrooms illustrates that those properties with 2 bedrooms are the cheapest ones. At a price of $496,556 they are 59 % more affordable than the average price for Abita Springs. The properties with the highest average price have 4 bedrooms, Their price is 6 % more costly than the average. After that we have properties with 3 bedrooms priced at $418,168.
With regard to the average price per sq.feet , those properties with 4 bedrooms are the cheapest ones at a cost of $171 / sq.feet, with an average $620 / sq.feet price in Abita Springs. The properties with the lowest average prices have 1 bedroom. They are 57 % cheaper than the average followed by properties with 3 bedrooms with a price at $229 / sq.feet.
The graph displaying the average prices displays the property type "Land" as the most affordable one. At an cost of $496,556 it is 71 % cheaper than the average price in Abita Springs. "House" is seen as the second most affordable property type. The cheapest type property is "Detached House" followed by "House". At a price of $395,772 it is 3 % more affordable than the average price.
According to the average cost per sq.feet, the cheapest property type is "Detached House" at an average cost of $195 / sq.feet followed by "House" priced at $196 / sq.feet. "Land" is the most costly type of property with a $41,041 / sq.feet cost followed by "House" with an average price of $196 / sq.feet.