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 October, the average price per sq.feet was $130. In November this price pretty much remained the same at a value of $134 per sq.feet. The price for the following two months in (December, January) had a considerable increment of 117 %. The price per sq.feet has increased 108 % 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 $143 to $154.5 during February, and March.
Based upon to the price in Chalmette (cities), these have remained the same in the last 6 months. In our first sample month during October, the average price is $267,091. In November This price remains at $271,581. In the following two months the average price has remained the same with regard to the previous two months from $269,336 to $276,995.5. During the last two months, the average price has pretty much remained the same with regard to the previous average values going from an average value of $273,165.75 and $284,286 between February and March.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $290,177 they are 66 % more affordable than the average price for Chalmette. The properties with the lowest average price have 4 bedrooms, Their price is 4 % cheaper than the average. After that we have properties with 3 bedrooms priced at $230,211.
With regard to the average price per sq.feet , those properties with 4 bedrooms are the cheapest ones at a cost of $78 / sq.feet, with an average $159 / sq.feet price in Chalmette. The properties with the lowest average prices have 2 bedrooms. They are 38 % cheaper than the average followed by properties with 3 bedrooms with a price at $95 / sq.feet.
The graph displaying the average prices displays the property type "Office" as the most affordable one. At an cost of $290,177 it is 50 % cheaper than the average price in Chalmette. "House" is seen as the second most affordable property type. The dearest property type is "Apartment" followed by "Condo". At a price of $316,073 it is 10 % 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 $33 / sq.feet followed by "House" priced at $93 / sq.feet. "Apartment" is the most costly type of property with a $463 / sq.feet cost followed by "Condo" with an average price of $453 / sq.feet.