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 November, the average price per sq.feet was $102. In the following month the price per sq.feet decreased to $96. The price for the following two months in (January, February) had a considerable increment of 309 %. The price per sq.feet has had a considerable increase of 301 % 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 $202.5 to $610 during March, and April.
Based upon to the price in Minden (cities), this has gone up in the last 6 months. The average price for November is $200,559. During December the price had a slight fall till $189,913. During the following two months (January, February) the price has had an average incrementation from $195,236 to $212,156. Based on an analysis of the first four prices and the last two months the average price has gone up 113 % 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 $261,109 they are 69 % more affordable than the average price for Minden. The properties with the highest average price have 4 bedrooms, Their price is 9 % more costly than the average. After that we have properties with 3 bedrooms priced at $241,314.
With regard to the average price per sq.feet , those properties with 1 bedroom are the cheapest ones at a cost of $38 / sq.feet, with an average $115 / sq.feet price in Minden. The properties with the lowest average prices have 3 bedrooms. They are 50 % cheaper than the average followed by properties with 2 bedrooms with a price at $53 / sq.feet.
The graph displaying the average prices displays the property type "" as the most affordable one. At an cost of $261,109 it is 75 % cheaper than the average price in Minden. "House" is seen as the second most affordable property type. The cheapest type property is "House" followed by "". At a price of $64,507 it is 16 % more affordable than the average price.
According to the average area cost by sq.feet the cheapest property type is "House with an average price of $55 / sq.feet. "House" with an average cost of $55 / sq.feet has the lowest price and would be directed at less affluent cities.