The prices in real estate in Carencro, in the Louisiana region have had a strong rise in the last couple of months. The real estate prices for second hand homes have gone through a strong increase in this city.
The price per sq.feet in Carencro has increased strongly during the last 6 months. In March, the average price per sq.feet was $143. In the following month the price per sq.feet increased considerably to $368. The price for the following two months in (May, June) had a considerable increment of 165 %. The price per sq.feet has had a considerable deflation of 41 % 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 $338.25 to $138.5 during July, and August.
Based upon to the price in Carencro (cities), this has gone up considerably in the last 6 months. The average price during our first sample month during March, is $264,767. During April the price went through a considerable rise reaching $731,489. During the following two months (May, June) the average price had a considerable increase of 157 % with regard to the previous two months. During the last two months the average price has had a strong fall compared to the previous four going from $639,989.75 to $338,011, which means a 53 % fall.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $363,810 they are 71 % more affordable than the average price for Carencro. The properties with the highest average price have 4 bedrooms, Their price is 22 % more costly than the average. After that we have properties with 3 bedrooms priced at $212,253.
With regard to the average price per sq.feet , those properties with 2 bedrooms are the cheapest ones at a cost of $92 / sq.feet, with an average $144 / sq.feet price in Carencro. The properties with the lowest average prices have 4 bedrooms. They are 11 % cheaper than the average followed by properties with 3 bedrooms with a price at $113 / sq.feet.
With regard to the average price based upon the property in Carencro we can see that the cheapest property type is "House" at a price of $157,309, they are 57 % more affordable than the average price of (!PRECIO2!). "House" has the lowest price. This price is 57 % 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 $108 / sq.feet. "House" with an average cost of $108 / sq.feet has the lowest price and would be directed at less affluent cities.