The prices in real estate in Baker, 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 Baker has increased strongly during the last 6 months. In October, the average price per sq.feet was $128. In the following month the price per sq.feet increased considerably to $152. The price for the following two months in (December, January) had a considerable increment of 232 %. The price per sq.feet has had a considerable increase of 1059 % 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 $232.25 to $2,460 during February, and March.
Based upon to the price in Baker (cities), this has gone downing the last 6 months. The average price for October is $223,505. During November the price had a slight fall till $203,096. During the following two months (December, January) the average price fell 95 % with regard to the previous two months. Based on an analysis of the first four prices and the last two months the average price has gone up 107 % during the last two months.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $230,786 they are 63 % more affordable than the average price for Baker. The properties with the highest average price have 4 bedrooms, Their price is 906 % more costly than the average. After that we have properties with 3 bedrooms priced at $170,226.
With regard to the average price per sq.feet , those properties with 1 bedroom are the cheapest ones at a cost of $29 / sq.feet, with an average $1,974 / sq.feet price in Baker. The properties with the lowest average prices have 4 bedrooms. They are 56 % cheaper than the average followed by properties with 2 bedrooms with a price at $46 / sq.feet.
With regard to the average price based upon the property in Baker we can see that most expensive property type is "House" at a price of $2,321,456, they are 906 % more costly than the average price of (!PRECIO2!). "House" has the highest price. This price is 906 % more expensive than the average price aforementioned.
According to the average area cost by sq.feet the cheapest property type is "House with an average price of $866 / sq.feet. "House" with an average cost of $866 / sq.feet has the lowest price and would be directed at less affluent cities.