The prices in real estate in Franklinton, 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 Franklinton has had a strong decrease during the last 6 months. In December, the average price per sq.feet was $124. In the following month the price per sq.feet decreased considerably to . The price for the following two months in (February, March) had a considerable decrease of 0 with regard to the prior two months. The price per sq.feet has had a considerable increase of 447 % 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 $31 to $138.5 during April, and May.
Based upon to the price in Franklinton (cities), this has fallen considerably in the last 6 months. The average price for December is $320,875. During January the price had a considerable reduction till . During the following two months (February, March) the average price had a considerable reduction of 0 % with regard to the previous two months. Based on an analysis of the first four prices and the last two months the average price has risen strongly 425 % during the last two months.
The graph showing the average price for bedrooms displays the property with the lowest price has 1 bedroom. It is 3 % cheaper than the average price of $320,233 in Franklinton. Based on the bedrooms values, properties with the lowest prices are those with 1 bedroom. They are 3 % more affordable than the average aforementioned.
With regard to the average prices per sq.feet those properties with 1 bedroom are 13 % cheaper than the average price of ($122 / sq.feet) in Franklinton. Properties with the most affordable price based upon to the number of bedrooms / sq.feet are those with 1 bedroom. They are 13 % cheaper than the average value aforementioned.
The graph displaying the average prices displays the property type "House" as the most affordable one. At an cost of $329,738 it is 3 % cheaper than the average price in Franklinton. "Land" is seen as the second most affordable property type. The dearest property type is "Farm" followed by "Land". At a price of $344,107 it is 11 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "House" at an average cost of $122 / sq.feet followed by "Land" priced at $124 / sq.feet. "Land" is the cheapest type of property with a $124 / sq.feet value followed by "House" with an average price of $122 / sq.feet.