The prices in real estate in Bay Saint Louis, in the Mississippi region have had a strong fall in the last couple of months. The real estate prices for second hand homes have gone through a strong fall in this city.
The price per sq.feet in Bay Saint Louis has had a strong decrease during the last 6 months. In November, the average price per sq.feet was $119. In December this price pretty much remained the same at a value of $119 per sq.feet. The price for the following two months in (January, February) had a considerable decrease of 61 with regard to the prior two months. The price per sq.feet has had a considerable increase of 124 % 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 $95.5 to $118 during March, and April.
Based upon to the price in Bay Saint Louis (cities), this has fallen considerably in the last 6 months. In our first sample month during November, the average price is $198,980. In December This price remains at $198,980. During the following two months (January, February) the average price had a considerable reduction of 29 % 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 155 % during the last two months.
The graph showing the average price for bedrooms displays the property with the lowest price has 1 bedroom. It is 71 % cheaper than the average price of $57,101 in Bay Saint Louis. Based on the bedrooms values, properties with the lowest prices are those with 1 bedroom. They are 71 % more affordable than the average aforementioned.
With regard to the average prices per sq.feet those properties with 1 bedroom are 42 % cheaper than the average price of ($69 / sq.feet) in Bay Saint Louis. Properties with the most affordable price based upon to the number of bedrooms / sq.feet are those with 1 bedroom. They are 42 % cheaper than the average value aforementioned.
The graph displaying the average prices displays the property type "Apartment" as the most affordable one. At an cost of $198,781 it is 71 % cheaper than the average price in Bay Saint Louis. "Duplex" is seen as the second most affordable property type. The cheapest type property is "Condo" followed by "Duplex". At a price of $197,985 it is 0 % more affordable than the average price.
According to the average cost per sq.feet, the cheapest property type is "Apartment" at an average cost of $69 / sq.feet followed by "Duplex" priced at $114 / sq.feet. "Condo" is the cheapest type of property with a $115 / sq.feet value followed by "Duplex" with an average price of $114 / sq.feet.