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 October, the average price per sq.feet was $1,840. In the following month the price per sq.feet decreased considerably to $1,239. In the following two months the price per sq.feet has barely changed, going from $1,539.5 to $1,526.5 per sq.feet. The price per sq.feet has had a considerable increase of 214 % 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 $1,533 to $3,286 during February, and March.
Based upon to the price in Opelousas (cities), this has gone up in the last 6 months. The price in October is $155,543, rising in November till $175,159. During the following two months (December, January) the price has had an average incrementation from $165,351 to $177,605. During the last two months, the average price has reduced with regard to the previous ones. To be precise it has gone down 94 %, going from $171,478 to $160,757 in February and March.
The graph displaying the average price for bedrooms illustrates that those properties with 2 bedrooms are the cheapest ones. At a price of $161,549 they are 56 % more affordable than the average price for Opelousas. The properties with the highest average price have 4 bedrooms, Their price is 58 % more costly than the average. After that we have properties with 3 bedrooms priced at $189,780.
With regard to the average price per sq.feet , those properties with 2 bedrooms are the cheapest ones at a cost of $54 / sq.feet, with an average $4,360 / sq.feet price in Opelousas. The properties with the lowest average prices have 1 bedroom. They are 96 % cheaper than the average followed by properties with 3 bedrooms with a price at $102 / sq.feet.
The graph displaying the average prices displays the property type "House" as the most costly one. At an cost of $161,549 it is 29 % more expensive than the average price in Opelousas. "Condo" is seen as the second dearest property type. The dearest property type is "Condo" followed by "House". At a price of $207,807 it is 184 % 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 $103 / sq.feet followed by "Condo" priced at $932 / sq.feet. "Condo" is the cheapest type of property with a $932 / sq.feet value followed by "House" with an average price of $103 / sq.feet.