The prices in real estate in Kenner, 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 Kenner has increased strongly during the last 6 months. In October, the average price per sq.feet was $119. In the following month the price per sq.feet increased considerably to $144. In the following two months the price per sq.feet has increased 108 %, going from $131.5 to $142.5 per sq.feet. The price per sq.feet has increased 113 % 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 $137 to $155 during February, and March.
Based upon to the price in Kenner (cities), this has gone up considerably in the last 6 months. The average price during our first sample month during October, is $229,512. During November the price went through a considerable rise reaching $396,427. During the following two months (December, January) the average price had a considerable increase of 136 % 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 151 % during the last two months.
The graph displaying the average price for bedrooms illustrates that those properties with 4 bedrooms are the cheapest ones. At a price of $505,661 they are 39 % more affordable than the average price for Kenner. The properties with the lowest average price have 1 bedroom, Their price is 37 % cheaper than the average. After that we have properties with 4 bedrooms priced at $309,883.
With regard to the average price per sq.feet , those properties with 4 bedrooms are the cheapest ones at a cost of $115 / sq.feet, with an average $148 / sq.feet price in Kenner. The properties with the highest average prices have 1 bedroom. They are 190 % more expensive than the average followed by properties with 4 bedrooms with a price at $115 / sq.feet.
The graph displaying the average prices displays the property type "Farm" as the most affordable one. At an cost of $505,661 it is 46 % cheaper than the average price in Kenner. "Condo" is seen as the second most affordable property type. The cheapest type property is "Apartment" followed by "Condo". At a price of $276,601 it is 39 % more affordable than the average price.
According to the average cost per sq.feet, the cheapest property type is "Apartment" at an average cost of $115 / sq.feet followed by "Farm" priced at $399 / sq.feet. "Condo" is the most costly type of property with a $404 / sq.feet cost followed by "Farm" with an average price of $399 / sq.feet.