The prices in real estate in Folsom, in the Louisiana region have remained the same in the last couple of months. The real estate prices for second hand homes have remained in this city.
The price per sq.feet in Folsom has remained the same in the last 6 months. In February, the average price per sq.feet was $251. In the following month the price per sq.feet increased to $267. In the following two months the price per sq.feet has increased 108 %, going from $259 to $279.5 per sq.feet. The price per sq.feet has decreased 89 % 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 $269.25 to $238.5 during June, and July.
Based upon to the price in Folsom (cities), these have remained the same in the last 6 months. The price in February is $1,046,762, rising in March till $1,103,494. In the following two months the average price has remained the same with regard to the previous two months from $1,075,128 to $1,022,732.5. During the last two months, the average price has reduced with regard to the previous ones. To be precise it has gone down 88 %, going from $1,048,930.25 to $918,024 in June and July.
The graph displaying the average price for bedrooms illustrates that those properties with 2 bedrooms are the cheapest ones. At a price of $469,230 they are 41 % more affordable than the average price for Folsom. The properties with the highest average price have 4 bedrooms, Their price is 77 % more costly than the average. After that we have properties with 3 bedrooms priced at $381,482.
With regard to the average price per sq.feet , those properties with 3 bedrooms are the cheapest ones at a cost of $137 / sq.feet, with an average $180 / sq.feet price in Folsom. The properties with the highest average prices have 4 bedrooms. They are 27 % more expensive than the average followed by properties with 1 bedroom with a price at $222 / sq.feet.
The graph displaying the average prices displays the property type "Land" as the most affordable one. At an cost of $469,230 it is 8 % cheaper than the average price in Folsom. "House" is seen as the second most affordable property type. The dearest property type is "House" followed by "Land". At a price of $431,816 it is 385 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "Land" at an average cost of $156 / sq.feet followed by "House" priced at $481 / sq.feet. "House" is the most costly type of property with a $481 / sq.feet cost followed by "Land" with an average price of $156 / sq.feet.