The prices in real estate in Lake Charles, in the Louisiana region have remained the same in the last couple of months. The real estate prices for second hand homes have remained in this city.
The price per sq.feet in Lake Charles has remained the same in the last 6 months. In November, the average price per sq.feet was $2,609. In December this price pretty much remained the same at a value of $2,693 per sq.feet. The price for the following two months in (January, February) decreased 88 % with regard to the prior two months. The price per sq.feet has had a considerable increase of 122 % 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 $2,494 to $3,033.5 during March, and April.
Based upon to the price in Lake Charles (cities), these have remained the same in the last 6 months. In our first sample month during November, the average price is $230,127. In December This price remains at $241,565. During the following two months (January, February) the average price fell 91 % 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 116 % 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 $284,088 they are 62 % more affordable than the average price for Lake Charles. The properties with the highest average price have 4 bedrooms, Their price is 41 % more costly than the average. After that we have properties with 3 bedrooms priced at $217,893.
With regard to the average price per sq.feet , those properties with 1 bedroom are the cheapest ones at a cost of $100 / sq.feet, with an average $3,001 / sq.feet price in Lake Charles. The properties with the lowest average prices have 3 bedrooms. They are 64 % cheaper than the average followed by properties with 4 bedrooms with a price at $895 / sq.feet.
The graph displaying the average prices displays the property type "Condo" as the most affordable one. At an cost of $284,088 it is 71 % cheaper than the average price in Lake Charles. "Townhouse" is seen as the second most affordable property type. The dearest property type is "House" followed by "Duplex". At a price of $246,633 it is 13 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "Condo" at an average cost of $73 / sq.feet followed by "Townhouse" priced at $432 / sq.feet. "Land" is the most costly type of property with a $57,668 / sq.feet cost followed by "Duplex" with an average price of $8,843 / sq.feet.