The prices in real estate in Opelousas, 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 Opelousas has increased strongly during the last 6 months. In July, the average price per sq.feet was $81. In the following month the price per sq.feet decreased to $76. The price for the following two months in (September, October) decreased 94 % with regard to the prior two months. The price per sq.feet has had a considerable increase of 646 % 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 $76 to $491 during November, and December.
Based upon to the price in Opelousas (cities), this has gone up considerably in the last 6 months. In our first sample month during July, the average price is $155,454. In August This price remains at $163,207. In the following two months the average price has remained the same with regard to the previous two months from $159,330.5 to $152,991.5. Based on an analysis of the first four prices and the last two months the average price has risen strongly 459 % 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 $199,363 they are 63 % more affordable than the average price for Opelousas. The properties with the highest average price have 4 bedrooms, Their price is 54 % more costly than the average. After that we have properties with 3 bedrooms priced at $212,549.
With regard to the average price per sq.feet , those properties with 1 bedroom are the cheapest ones at a cost of $44 / sq.feet, with an average $90 / sq.feet price in Opelousas. The properties with the lowest average prices have 4 bedrooms. They are 10 % cheaper than the average followed by properties with 3 bedrooms with a price at $80 / sq.feet.
The graph displaying the average prices displays the property type "House" as the most affordable one. At an cost of $199,363 it is 16 % cheaper than the average price in Opelousas. "Commercial" is seen as the second most affordable property type. The dearest property type is "Apartment" followed by "Commercial". At a price of $259,497 it is 138 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "House" at an average cost of $70 / sq.feet followed by "Commercial" priced at $228 / sq.feet. "Apartment" is the most costly type of property with a $966 / sq.feet cost followed by "Commercial" with an average price of $228 / sq.feet.