The prices in real estate in Geismar, in the Louisiana region have had a minor fall in the last couple of months. The real estate prices for second hand homes have fallen in this city
The price per sq.feet in Geismar has fallen in the last 6 months. In March, the average price per sq.feet was $161. In the following month the price per sq.feet increased to $174. The price for the following two months in (May, June) decreased 86 % with regard to the prior two months. The price per sq.feet has barely changed in the last two months compared to the average price of the previous four months going from an average price of $156 to $150.5 during July y August
Based upon to the price in Geismar (cities), this has gone up considerably in the last 6 months. The average price during our first sample month during March, is $333,518. During April the price went through a considerable rise reaching $444,021. During the following two months (May, June) the price has had an average incrementation from $388,769.5 to $446,331. 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 $417,550.25 and $401,119 between July and August.
The graph displaying the average price for bedrooms illustrates that those properties with 2 bedrooms are the cheapest ones. At a price of $418,638 they are 27 % more affordable than the average price for Geismar. The properties with the lowest average price have 1 bedroom, Their price is 24 % cheaper than the average. After that we have properties with 2 bedrooms priced at $307,057.
With regard to the average price per sq.feet , those properties with 1 bedroom are the cheapest ones at a cost of $100 / sq.feet, with an average $160 / sq.feet price in Geismar. The properties with the lowest average prices have 2 bedrooms. They are 36 % cheaper than the average followed by properties with 1 bedroom with a price at $100 / sq.feet.
The graph displaying the average prices displays the property type "Apartment" as the most affordable one. At an cost of $418,638 it is 32 % cheaper than the average price in Geismar. "House" is seen as the second most affordable property type. The cheapest type property is "Townhouse" followed by "House". At a price of $307,057 it is 9 % more affordable than the average price.
According to the average cost per sq.feet, the cheapest property type is "House" at an average cost of $103 / sq.feet followed by "Apartment" priced at $107 / sq.feet. "Townhouse" is the most costly type of property with a $12,716 / sq.feet cost followed by "Apartment" with an average price of $107 / sq.feet.