The prices in real estate in Houma, 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 Houma has fallen in the last 6 months. In January, the average price per sq.feet was $129. In the following month the price per sq.feet decreased to $119. In the following two months the price per sq.feet has barely changed, going from $124 to $118.5 per sq.feet. 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 $121.25 to $125.5 during May y June
Based upon to the price in Houma (cities), this has gone up considerably in the last 6 months. The average price for January is $286,678. During February the price had a slight fall till $248,182. During the following two months (March, April) the average price had a considerable increase of 117 % 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 144 % during the last two months.
The graph displaying the average price for bedrooms illustrates that those properties with 3 bedrooms are the cheapest ones. At a price of $401,546 they are 45 % more affordable than the average price for Houma. The properties with the lowest average price have 4 bedrooms, Their price is 3 % cheaper than the average. After that we have properties with 1 bedroom priced at $366,893.
With regard to the average price per sq.feet , those properties with 3 bedrooms are the most costly ones at a cost of $488 / sq.feet, with an average $127 / sq.feet price in Houma. The properties with the highest average prices have 4 bedrooms. They are 2817 % more expensive than the average followed by properties with 1 bedroom with a price at $1,032 / sq.feet.
The graph displaying the average prices displays the property type "Condo" as the most affordable one. At an cost of $401,546 it is 58 % cheaper than the average price in Houma. "House" is seen as the second most affordable property type. The cheapest type property is "Apartment" followed by "Townhouse". At a price of $388,877 it is 2 % 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 $64 / sq.feet followed by "Condo" priced at $79 / sq.feet. "Land" is the most costly type of property with a $1,180 / sq.feet cost followed by "Townhouse" with an average price of $1,110 / sq.feet.