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 September, the average price per sq.feet was $101. In October this price pretty much remained the same at a value of $99 per sq.feet. In the following two months the price per sq.feet has barely changed, going from $100 to $99 per sq.feet. The price per sq.feet has had a considerable increase of 308 % 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 $99.5 to $306 during January, and February.
Based upon to the price in Minden (cities), this has gone downing the last 6 months. The average price for September is $211,921. During October the price had a slight fall till $182,851. In the following two months the average price has remained the same with regard to the previous two months from $197,386 to $195,236. Based on an analysis of the first four prices and the last two months the average price has gone up 108 % 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 $217,886 they are 62 % more affordable than the average price for Minden. The properties with the highest average price have 4 bedrooms, Their price is 31 % more costly than the average. After that we have properties with 3 bedrooms priced at $241,798.
With regard to the average price per sq.feet , those properties with 1 bedroom are the cheapest ones at a cost of $40 / sq.feet, with an average $524 / sq.feet price in Minden. The properties with the lowest average prices have 3 bedrooms. They are 89 % cheaper than the average followed by properties with 2 bedrooms with a price at $55 / sq.feet.
The graph displaying the average prices displays the property type "" as the most affordable one. At an cost of $217,886 it is 70 % 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 "". At a price of $64,637 it is 1 % more expensive than the average price.
According to the average area cost by sq.feet the cheapest property type is "House with an average price of $57 / sq.feet. "House" with an average cost of $57 / sq.feet has the lowest price and would be directed at less affluent cities.