The prices in real estate in La Place, 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 La Place has increased strongly during the last 6 months. In October, the average price per sq.feet was $68. In the following month the price per sq.feet increased considerably to $101. The price for the following two months in (December, January) had a considerable increment of 127 %. The price per sq.feet has increased 107 % 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 $96 to $103 during February, and March.
Based upon to the price in La Place (cities), these have remained the same in the last 6 months. The price in October is $246,713, rising in November till $260,269. During the following two months (December, January) the price has had an average incrementation from $253,491 to $268,694. During the last two months the average price has had a strong fall compared to the previous four going from $261,092.5 to $220,783, which means a 85 % fall.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $199,078 they are 34 % more affordable than the average price for La Place. The properties with the highest average price have 4 bedrooms, Their price is 37 % more costly than the average. After that we have properties with 3 bedrooms priced at $227,336.
With regard to the average price per sq.feet , those properties with 3 bedrooms are the cheapest ones at a cost of $100 / sq.feet, with an average $103 / sq.feet price in La Place. The properties with the highest average prices have 2 bedrooms. They are 1 % more expensive than the average followed by properties with 1 bedroom with a price at $101 / sq.feet.
The graph displaying the average prices displays the property type "Townhouse" as the most affordable one. At an cost of $199,078 it is 71 % cheaper than the average price in La Place. "Land" is seen as the second most affordable property type. The dearest property type is "House" followed by "Land". At a price of $182,610 it is 18 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "Land" at an average cost of $74 / sq.feet followed by "House" priced at $105 / sq.feet. "Townhouse" is the most costly type of property with a $562 / sq.feet cost followed by "House" with an average price of $105 / sq.feet.