The prices in real estate in Carencro, 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 Carencro has had a strong decrease during the last 6 months. In October, the average price per sq.feet was $6,926. In the following month the price per sq.feet decreased considerably to $981. The price for the following two months in (December, January) had a considerable decrease of 25 with regard to the prior two months. The price per sq.feet has had a considerable increase of 442 % 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 $2,461.75 to $10,880 during February, and March.
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 October, is $223,725. During November the price went through a considerable rise reaching $275,351. In the following two months the average price has remained the same with regard to the previous two months from $249,538 to $252,135.5. Based on an analysis of the first four prices and the last two months the average price has gone up 113 % 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 $281,067 they are 63 % more affordable than the average price for Carencro. The properties with the highest average price have 4 bedrooms, Their price is 54 % more costly than the average. After that we have properties with 3 bedrooms priced at $205,756.
With regard to the average price per sq.feet , those properties with 2 bedrooms are the cheapest ones at a cost of $61 / sq.feet, with an average $10,581 / sq.feet price in Carencro. The properties with the lowest average prices have 4 bedrooms. They are 99 % cheaper than the average followed by properties with 3 bedrooms with a price at $82 / 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 $152,490, they are 46 % more affordable than the average price of (!PRECIO2!). "House" has the lowest price. This price is 46 % 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 $77 / sq.feet. "House" with an average cost of $77 / sq.feet has the lowest price and would be directed at less affluent cities.