The prices in real estate in Pineville, 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 Pineville has increased strongly during the last 6 months. In March, the average price per sq.feet was $95. In the following month the price per sq.feet decreased to $90. The price for the following two months in (May, June) had a considerable increment of 456 %. The price per sq.feet has had a considerable deflation of 35 % 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 $257 to $89 during July, and August.
Based upon to the price in Pineville (cities), this has gone up considerably in the last 6 months. The average price for March is $166,075. During April the price had a slight fall till $155,241. During the following two months (May, June) the average price had a considerable increase of 519 % with regard to the previous two months. During the last two months the average price has had a strong fall compared to the previous four going from $497,325.25 to $165,350, which means a 33 % fall.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $151,984 they are 51 % more affordable than the average price for Pineville. The properties with the highest average price have 4 bedrooms, Their price is 97 % more costly than the average. After that we have properties with 3 bedrooms priced at $250,797.
With regard to the average price per sq.feet , those properties with 1 bedroom are the cheapest ones at a cost of $48 / sq.feet, with an average $85 / sq.feet price in Pineville. The properties with the highest average prices have 3 bedrooms. They are 22 % more expensive than the average followed by properties with 4 bedrooms with a price at $101 / sq.feet.
The graph displaying the average prices displays the property type "Land" as the most costly one. At an cost of $151,984 it is 3 % more expensive than the average price in Pineville. "House" is seen as the second dearest property type. The dearest property type is "House" followed by "Land". At a price of $156,986 it is 42 % more expensive than the average price.
According to the average cost per sq.feet, the most expensive property type would be "House" at an average cost of $100 / sq.feet followed by "Land" priced at $528 / sq.feet. "Land" is the most costly type of property with a $528 / sq.feet cost followed by "House" with an average price of $100 / sq.feet.