The prices in real estate in Lauderdale, in the Mississippi 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 Lauderdale has fallen in the last 6 months. In April, the average price per sq.feet was $191. In the following month the price per sq.feet decreased considerably to $145. The price for the following two months in (June, July) decreased 90 % with regard to the prior two months. The price per sq.feet has had a considerable increase of 137 % 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 $159.25 to $217.5 during August, and September.
Based upon to the price in Lauderdale (cities), this has gone downing the last 6 months. The average price for April is $325,029. During May the price had a considerable reduction till $183,761. During the following two months (June, July) the average price had a considerable reduction of 84 % 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 169 % 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 $449,792 they are 72 % more affordable than the average price for Lauderdale. The properties with the highest average price have 4 bedrooms, Their price is 173 % more costly than the average. After that we have properties with 3 bedrooms priced at $427,274.
With regard to the average price per sq.feet , those properties with 2 bedrooms are the cheapest ones at a cost of $143 / sq.feet, with an average $248 / sq.feet price in Lauderdale. The properties with the highest average prices have 4 bedrooms. They are 102 % more expensive than the average followed by properties with 1 bedroom with a price at $171 / sq.feet.
With regard to the average price based upon the property in Lauderdale we can see that the cheapest property type is "Apartment" at a price of $436,757, they are 3 % more affordable than the average price of (!PRECIO2!). "Apartment" has the lowest price. This price is 3 % more affordable than the average price aforementioned.
According to the average area cost by sq.feet the cheapest property type is "Apartment with an average price of $202 / sq.feet. "Apartment" with an average cost of $202 / sq.feet has the lowest price and would be directed at less affluent cities.