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 January, the average price per sq.feet was $72. In the following month the price per sq.feet increased considerably to $154. The price for the following two months in (March, April) had a considerable increment of 382 %. The price per sq.feet has had a considerable increase of 121 % 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 $272.5 to $330.5 during May, and June.
Based upon to the price in Minden (cities), this has gone up considerably in the last 6 months. The average price during our first sample month during January, is $204,925. During February the price went through a considerable rise reaching $456,255. During the following two months (March, April) the average price had a considerable increase of 334 % with regard to the previous two months. 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 $717,351.25 and $750,928 between May and June.
The graph showing the average price for bedrooms displays the property with the lowest price has 1 bedroom. It is 78 % cheaper than the average price of $79,046 in Minden. Based on the bedrooms values, properties with the lowest prices are those with 1 bedroom. They are 78 % more affordable than the average aforementioned.
With regard to the average prices per sq.feet those properties with 1 bedroom are 67 % cheaper than the average price of ($44 / sq.feet) in Minden. Properties with the most affordable price based upon to the number of bedrooms / sq.feet are those with 1 bedroom. They are 67 % cheaper than the average value aforementioned.
The graph displaying the average prices displays the property type "Apartment" as the most affordable one. At an cost of $352,630 it is 81 % 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 "Apartment". At a price of $67,569 it is 78 % more affordable than the average price.
According to the average cost per sq.feet, the cheapest property type is "Apartment" at an average cost of $36 / sq.feet followed by "House" priced at $44 / sq.feet. "House" is the cheapest type of property with a $44 / sq.feet value followed by "Apartment" with an average price of $36 / sq.feet.