The prices in real estate in Marrero, 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 Marrero has increased strongly during the last 6 months. In April, the average price per sq.feet was $207. In the following month the price per sq.feet increased considerably to $920. The price for the following two months in (June, July) had a considerable increment of 297 %. The price per sq.feet has had a considerable deflation of 9 % 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 $1,118.5 to $106 during August, and September.
Based upon to the price in Marrero (cities), this has fallen considerably in the last 6 months. The average price for April is $200,400. During May the price had a slight fall till $178,150. During the following two months (June, July) the average price fell 86 % with regard to the previous two months. During the last two months, the average price has reduced with regard to the previous ones. To be precise it has gone down 94 %, going from $176,349.75 to $166,226.5 in August and September.
The graph displaying the average price for bedrooms illustrates that those properties with 2 bedrooms are the most costly ones. At a price of $165,682 they are 34 % more expensive than the average price for Marrero. Following this ranking we find those properties with 1 at an average price of $239,411. The properties with the highest average price have 1 bedroom, Their price is 45 % more costly than the average. After that we have properties with 2 bedrooms priced at $222,652.
With regard to the average price per sq.feet , those properties with 1 bedroom are the most costly ones at a cost of $108 / sq.feet, with an average $107 / sq.feet price in Marrero. The properties with the highest average prices have 2 bedrooms. They are 104 % more expensive than the average followed by properties with 1 bedroom with a price at $108 / sq.feet.
The graph displaying the average prices displays the property type "House" as the most costly one. At an cost of $165,682 it is 34 % more expensive than the average price in Marrero. "Office" is seen as the second dearest property type. The dearest property type is "Office" followed by "House". At a price of $222,652 it is 43 % more expensive than the average price.
According to the average cost per sq.feet, the most expensive property type would be "House" at an average cost of $218 / sq.feet followed by "Office" priced at $411 / sq.feet. "Office" is the most costly type of property with a $411 / sq.feet cost followed by "House" with an average price of $218 / sq.feet.