The prices in real estate in Gretna, 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 Gretna has increased strongly during the last 6 months. In March, the average price per sq.feet was $124. In the following month the price per sq.feet increased considerably to $315. In the following two months the price per sq.feet has barely changed, going from $219.5 to $230 per sq.feet. The price per sq.feet has had a considerable increase of 209 % 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 $224.75 to $470 during July, and August.
Based upon to the price in Gretna (cities), this has fallen considerably in the last 6 months. The average price for March is $295,903. During April the price had a considerable reduction till $198,171. During the following two months (May, June) the price has had an average incrementation from $247,037 to $278,438.5. During the last two months, the average price has reduced with regard to the previous ones. To be precise it has gone down 89 %, going from $262,737.75 to $232,687 in July and August.
The graph displaying the average price for bedrooms illustrates that those properties with 4 bedrooms are the cheapest ones. At a price of $234,022 they are 23 % more affordable than the average price for Gretna. The properties with the lowest average price have 1 bedroom, Their price is 12 % cheaper than the average. After that we have properties with 4 bedrooms priced at $180,746.
With regard to the average price per sq.feet , those properties with 1 bedroom are the most costly ones at a cost of $116 / sq.feet, with an average $105 / sq.feet price in Gretna. The properties with the highest average prices have 4 bedrooms. They are 199 % more expensive than the average followed by properties with 1 bedroom with a price at $116 / sq.feet.
The graph displaying the average prices displays the property type "Apartment" as the most affordable one. At an cost of $234,022 it is 23 % cheaper than the average price in Gretna. "Duplex" is seen as the second most affordable property type. The dearest property type is "Duplex" followed by "Apartment". At a price of $180,746 it is 13 % more expensive than the average price.
According to the average cost per sq.feet, the most expensive property type would be "Apartment" at an average cost of $314 / sq.feet followed by "Duplex" priced at $542 / sq.feet. "Duplex" is the most costly type of property with a $542 / sq.feet cost followed by "Apartment" with an average price of $314 / sq.feet.