Property prices for sale in New Iberia (Louisiana)
The prices in real estate in New Iberia, 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 New Iberia has increased strongly during the last 6 months. In October, the average price per sq.feet was $120. In November this price pretty much remained the same at a value of $117 per sq.feet. In the following two months the price per sq.feet has barely changed, going from $118.5 to $123.5 per sq.feet. The price per sq.feet has had a considerable increase of 3844 % 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 $121 to $4,651.5 during February, and March.
Based upon to the price in New Iberia (cities), this has gone up in the last 6 months. The price in October is $206,609, rising in November till $226,685. During the following two months (December, January) the price has had an average incrementation from $216,647 to $238,322.5. 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 $227,484.75 and $216,357 between February and March.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $213,966 they are 60 % more affordable than the average price for New Iberia. The properties with the highest average price have 4 bedrooms, Their price is 24 % more costly than the average. After that we have properties with 3 bedrooms priced at $179,877.
With regard to the average price per sq.feet , those properties with 3 bedrooms are the cheapest ones at a cost of $104 / sq.feet, with an average $4,907 / sq.feet price in New Iberia. The properties with the lowest average prices have 1 bedroom. They are 96 % cheaper than the average followed by properties with 4 bedrooms with a price at $113 / sq.feet.
The graph displaying the average prices displays the property type "Condo" as the most affordable one. At an cost of $213,966 it is 79 % cheaper than the average price in New Iberia. "Land" is seen as the second most affordable property type. The dearest property type is "Detached House" followed by "House". At a price of $239,468 it is 60 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "Condo" at an average cost of $44 / sq.feet followed by "House" priced at $109 / sq.feet. "Land" is the most costly type of property with a $42,929 / sq.feet cost followed by "Detached House" with an average price of $118 / sq.feet.
