The prices in real estate in Chalmette, 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 Chalmette has increased strongly during the last 6 months. In March, the average price per sq.feet was $127. In the following month the price per sq.feet decreased to $120. The price for the following two months in (May, June) had a considerable increment of 3158 %. The price per sq.feet has had a considerable deflation of 82 % 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 $2,011.75 to $1,655.5 during July, and August.
Based upon to the price in Chalmette (cities), this has gone up considerably in the last 6 months. In our first sample month during March, the average price is $224,206. In April This price remains at $218,837. During the following two months (May, June) the average price had a considerable increase of 3001 % 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 $3,434,369.5 to $2,836,804.5, which means a 83 % fall.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $247,849 they are 59 % more affordable than the average price for Chalmette. The properties with the highest average price have 4 bedrooms, Their price is 14 % more costly than the average. After that we have properties with 3 bedrooms priced at $233,933.
With regard to the average price per sq.feet , those properties with 4 bedrooms are the cheapest ones at a cost of $94 / sq.feet, with an average $140 / sq.feet price in Chalmette. The properties with the lowest average prices have 2 bedrooms. They are 19 % cheaper than the average followed by properties with 3 bedrooms with a price at $111 / sq.feet.
The graph displaying the average prices displays the property type "Office" as the most affordable one. At an cost of $247,849 it is 39 % cheaper than the average price in Chalmette. "House" is seen as the second most affordable property type. The dearest property type is "Condo" followed by "House". At a price of $197,551 it is 31 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "Office" at an average cost of $64 / sq.feet followed by "House" priced at $109 / sq.feet. "Condo" is the most costly type of property with a $479 / sq.feet cost followed by "House" with an average price of $109 / sq.feet.