The prices in real estate in Calhoun, 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 Calhoun has had a strong decrease during the last 6 months. In August, the average price per sq.feet was $915. In the following month the price per sq.feet decreased considerably to $148. The price for the following two months in (October, November) had a considerable decrease of 26 with regard to the prior two months. The price per sq.feet has had a considerable deflation of 47 % 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 $334.5 to $158.5 during December, and January.
Based upon to the price in Calhoun (cities), this has gone up in the last 6 months. In our first sample month during August, the average price is $314,597. In September This price remains at $318,792. In the following two months the average price has remained the same with regard to the previous two months from $316,694.5 to $317,606. Based on an analysis of the first four prices and the last two months the average price has risen strongly 119 % during the last two months.
The graph displaying the average price for bedrooms illustrates that those properties with 2 bedrooms are the cheapest ones. At a price of $396,809 they are 73 % more affordable than the average price for Calhoun. The properties with the lowest average price have 1 bedroom, Their price is 67 % cheaper than the average. After that we have properties with 2 bedrooms priced at $106,175.
With regard to the average price per sq.feet , those properties with 2 bedrooms are the cheapest ones at a cost of $37 / sq.feet, with an average $158 / sq.feet price in Calhoun. The properties with the lowest average prices have 1 bedroom. They are 30 % cheaper than the average followed by properties with 2 bedrooms with a price at $37 / sq.feet.
With regard to the average price based upon the property in Calhoun we can see that the cheapest property type is "House" at a price of $106,175, they are 73 % more affordable than the average price of (!PRECIO2!). "House" has the lowest price. This price is 73 % more affordable 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 $37 / sq.feet. "House" with an average cost of $37 / sq.feet has the lowest price and would be directed at less affluent cities.