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 October, the average price per sq.feet was $151. In November this price pretty much remained the same at a value of $158 per sq.feet. In the following two months the price per sq.feet has increased 108 %, going from $154.5 to $167.5 per sq.feet. The price per sq.feet has increased 113 % 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 $161 to $182.5 during February, and March.
Based upon to the price in Baton Rouge (cities), this has gone up considerably in the last 6 months. The price in October is $351,990, rising in November till $387,712. During the following two months (December, January) the average price had a considerable increase of 116 % 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 risen strongly 126 % 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 $462,554 they are 79 % more affordable than the average price for Baton Rouge. The properties with the lowest average price have 4 bedrooms, Their price is 6 % cheaper than the average. After that we have properties with 3 bedrooms priced at $226,501.
With regard to the average price per sq.feet , those properties with 2 bedrooms are the cheapest ones at a cost of $119 / sq.feet, with an average $177 / sq.feet price in Baton Rouge. The properties with the lowest average prices have 4 bedrooms. They are 13 % cheaper than the average followed by properties with 1 bedroom with a price at $144 / sq.feet.
The graph displaying the average prices displays the property type "Duplex" as the most affordable one. At an cost of $462,554 it is 46 % cheaper than the average price in Baton Rouge. "Townhouse" is seen as the second most affordable property type. The dearest property type is "House" followed by "Condo". At a price of $468,660 it is 71 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "Duplex" at an average cost of $103 / sq.feet followed by "House" priced at $218 / sq.feet. "Townhouse" is the most costly type of property with a $368 / sq.feet cost followed by "Condo" with an average price of $291 / sq.feet.