The prices in real estate in Bossier City, in the Louisiana 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 Bossier City has had a strong decrease during the last 6 months. In April, the average price per sq.feet was $276. In the following month the price per sq.feet increased to $298. The price for the following two months in (June, July) had a considerable decrease of 64 with regard to the prior two months. The price per sq.feet has decreased 92 % 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 $235.75 to $217 during August, and September.
Based upon to the price in Bossier City (cities), these have remained the same in the last 6 months. The average price during our first sample month during April, is $261,864. During May the price went through a considerable rise reaching $310,335. During the following two months (June, July) the average price fell 92 % with regard to the previous two months. During the last two months, the average price has reduced with regard to the previous ones. To be precise it has gone down 92 %, going from $274,607 to $252,103.5 in August and September.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $243,125 they are 58 % more affordable than the average price for Bossier City. The properties with the highest average price have 4 bedrooms, Their price is 49 % more costly than the average. After that we have properties with 3 bedrooms priced at $266,676.
With regard to the average price per sq.feet , those properties with 1 bedroom are the cheapest ones at a cost of $88 / sq.feet, with an average $119 / sq.feet price in Bossier City. The properties with the highest average prices have 4 bedrooms. They are 149 % more expensive than the average followed by properties with 3 bedrooms with a price at $119 / sq.feet.
The graph displaying the average prices displays the property type "" as the most affordable one. At an cost of $243,125 it is 82 % cheaper than the average price in Bossier City. "Townhouse" is seen as the second most affordable property type. The dearest property type is "Land" followed by "House". At a price of $242,026 it is 99 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "Condo" at an average cost of $103 / sq.feet followed by "House" priced at $118 / sq.feet. "Land" is the most costly type of property with a $604 / sq.feet cost followed by "Townhouse" with an average price of $196 / sq.feet.