The prices in real estate in Minden, 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 Minden has increased strongly during the last 6 months. In March, the average price per sq.feet was $54. In the following month the price per sq.feet increased to $57. The price for the following two months in (May, June) had a considerable increment of 120 %. The price per sq.feet has had a considerable increase of 145 % 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 $61 to $88.5 during July, and August.
Based upon to the price in Minden (cities), this has gone downing the last 6 months. The average price for March is $174,538. During April the price had a slight fall till $158,582. During the following two months (May, June) the average price fell 85 % 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 118 % 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 $171,794 they are 51 % more affordable than the average price for Minden. The properties with the highest average price have 4 bedrooms, Their price is 71 % more costly than the average. After that we have properties with 3 bedrooms priced at $249,180.
With regard to the average price per sq.feet , those properties with 1 bedroom are the cheapest ones at a cost of $65 / sq.feet, with an average $86 / sq.feet price in Minden. The properties with the highest average prices have 3 bedrooms. They are 3 % more expensive than the average followed by properties with 2 bedrooms with a price at $80 / sq.feet.
The graph displaying the average prices displays the property type "Apartment" as the most affordable one. At an cost of $171,794 it is 61 % cheaper than the average price in Minden. "House" is seen as the second most affordable property type. The dearest property type is "House" followed by "Apartment". At a price of $66,622 it is 32 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "Apartment" at an average cost of $22 / sq.feet followed by "House" priced at $87 / sq.feet. "House" is the most costly type of property with a $87 / sq.feet cost followed by "Apartment" with an average price of $22 / sq.feet.