Property prices for sale in Luling (Louisiana)
The prices in real estate in Luling, 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 Luling has increased strongly during the last 6 months. In October, the average price per sq.feet was $129. In the following month the price per sq.feet increased to $146. In the following two months the price per sq.feet has increased 114 %, going from $137.5 to $157 per sq.feet. The price per sq.feet has increased 106 % 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 $147.25 to $155.5 during February, and March.
Based upon to the price in Luling (cities), these have remained the same in the last 6 months. In our first sample month during October, the average price is $336,979. In November This price remains at $338,391. During the following two months (December, January) the price has had an average incrementation from $337,685 to $358,723. During the last two months, the average price has pretty much remained the same with regard to the previous average values going from an average value of $348,204 and $339,236.5 between February and March.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $326,097 they are 40 % more affordable than the average price for Luling. The properties with the highest average price have 4 bedrooms, Their price is 19 % more costly than the average. After that we have properties with 3 bedrooms priced at $297,591.
With regard to the average price per sq.feet , those properties with 3 bedrooms are the cheapest ones at a cost of $83 / sq.feet, with an average $155 / sq.feet price in Luling. The properties with the lowest average prices have 1 bedroom. They are 11 % cheaper than the average followed by properties with 2 bedrooms with a price at $116 / sq.feet.
The graph displaying the average prices displays the property type "Farm" as the most affordable one. At an cost of $326,097 it is 37 % cheaper than the average price in Luling. "Commercial Property" is seen as the second most affordable property type. The dearest property type is "Multi Family House" followed by "House". At a price of $310,503 it is 24 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "Commercial" at an average cost of $60 / sq.feet followed by "Multi Family House" priced at $64 / sq.feet. "Farm" is the most costly type of property with a $270 / sq.feet cost followed by "House" with an average price of $97 / sq.feet.
