The prices in real estate in Baton Rouge, in the Louisiana region have had a minor rise in the last couple of months. The real estate prices for second hand homes have risen in this city.
The price per sq.feet in Baton Rouge has increased during the last 6 months. In December, the average price per sq.feet was $179. In January this price pretty much remained the same at a value of $187 per sq.feet. In the following two months the price per sq.feet has barely changed, going from $183 to $176.5 per sq.feet. The price per sq.feet has had a considerable increase of 123 % 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 $179.75 to $221.5 during April, and May.
Based upon to the price in Baton Rouge (cities), this has fallen considerably in the last 6 months. The average price for December is $622,101. During January the price had a considerable reduction till $459,888. During the following two months (February, March) the average price fell 89 % with regard to the previous two months. During the last two months, the average price has pretty much remained the same with regard to the previous average values going from an average value of $511,446.5 and $534,223 between April and May.
The graph showing the average price for bedrooms displays the property with the lowest price has 1 bedroom. It is 43 % cheaper than the average price of $278,588 in Baton Rouge. Based on the bedrooms values, properties with the lowest prices are those with 1 bedroom. They are 43 % more affordable than the average aforementioned.
With regard to the average prices per sq.feet those properties with 1 bedroom are 4 % more costly than the average price of ($250 / sq.feet) in Baton Rouge. Properties with the most expensive price based upon to the number of bedrooms / sq.feet are those with 1 bedroom. They are 4 % more costly than the average value aforementioned.
The graph displaying the average prices displays the property type "Duplex" as the most affordable one. At an cost of $489,455 it is 49 % cheaper than the average price in Baton Rouge. "Townhouse" is seen as the second most affordable property type. The cheapest type property is "Apartment" followed by "Condo". At a price of $278,309 it is 43 % more affordable than the average price.
According to the average cost per sq.feet, the cheapest property type is "Duplex" at an average cost of $113 / sq.feet followed by "Office" priced at $239 / sq.feet. "Townhouse" is the most costly type of property with a $373 / sq.feet cost followed by "Apartment" with an average price of $250 / sq.feet.