Property prices for sale in Rayne (Louisiana)
The prices in real estate in Rayne, 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 Rayne has increased strongly during the last 6 months. In October, the average price per sq.feet was $135. In the following month the price per sq.feet increased considerably to $1,416. The price for the following two months in (December, January) had a considerable increment of 148 %. The price per sq.feet has had a considerable increase of 539 % 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 $961.75 to $5,185.5 during February, and March.
Based upon to the price in Rayne (cities), this has gone up in the last 6 months. In our first sample month during October, the average price is $201,772. In November This price remains at $211,295. In the following two months the average price has remained the same with regard to the previous two months from $206,533.5 to $211,864. Based on an analysis of the first four prices and the last two months the average price has gone up 114 % during the last two months.
The graph displaying the average price for bedrooms illustrates that those properties with 2 bedrooms are the cheapest ones. At a price of $244,035 they are 73 % more affordable than the average price for Rayne. The properties with the highest average price have 4 bedrooms, Their price is 4 % more costly than the average. After that we have properties with 3 bedrooms priced at $228,995.
With regard to the average price per sq.feet , those properties with 2 bedrooms are the cheapest ones at a cost of $58 / sq.feet, with an average $5,446 / sq.feet price in Rayne. The properties with the lowest average prices have 3 bedrooms. They are 98 % cheaper than the average followed by properties with 1 bedroom with a price at $109 / sq.feet.
The graph displaying the average prices displays the property type "Apartment" as the most affordable one. At an cost of $244,035 it is 27 % cheaper than the average price in Rayne. "House" is seen as the second most affordable property type. The cheapest type property is "House" followed by "Apartment". At a price of $179,287 it is 17 % 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 $55 / sq.feet followed by "House" priced at $101 / sq.feet. "House" is the cheapest type of property with a $101 / sq.feet value followed by "Apartment" with an average price of $55 / sq.feet.
