Property prices for sale in Kentwood (Louisiana)
The prices in real estate in Kentwood, 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 Kentwood has increased strongly during the last 6 months. In October, the average price per sq.feet was $163. In November this price pretty much remained the same at a value of $166 per sq.feet. In the following two months the price per sq.feet has increased 112 %, going from $164.5 to $185 per sq.feet. The price per sq.feet has had a considerable increase of 121 % 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 $174.75 to $211 during February, and March.
Based upon to the price in Kentwood (cities), this has gone up in the last 6 months. In our first sample month during October, the average price is $291,546. In November This price remains at $294,990. In the following two months the average price has remained the same with regard to the previous two months from $293,268 to $300,782. Based on an analysis of the first four prices and the last two months the average price has gone up 107 % during the last two months.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $324,618 they are 40 % more affordable than the average price for Kentwood. The properties with the highest average price have 4 bedrooms, Their price is 27 % more costly than the average. After that we have properties with 3 bedrooms priced at $336,156.
With regard to the average price per sq.feet , those properties with 2 bedrooms are the cheapest ones at a cost of $185 / sq.feet, with an average $210 / sq.feet price in Kentwood. The properties with the highest average prices have 3 bedrooms. They are 0 % more expensive than the average followed by properties with 1 bedroom with a price at $209 / sq.feet.
The graph displaying the average prices displays the property type "Land" as the most affordable one. At an cost of $324,618 it is 37 % cheaper than the average price in Kentwood. "Apartment" is seen as the second most affordable property type. The dearest property type is "House" followed by "Condo". At a price of $288,600 it is 10 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "Townhouse" at an average cost of $21 / sq.feet followed by "Apartment" priced at $159 / sq.feet. "Land" is the most costly type of property with a $7,746 / sq.feet cost followed by "House" with an average price of $206 / sq.feet.
