The prices in real estate in Saint Gabriel, 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 Saint Gabriel has increased strongly during the last 6 months. In June, the average price per sq.feet was $148. In July this price pretty much remained the same at a value of $147 per sq.feet. The price for the following two months in (August, September) had a considerable increment of 279 %. The price per sq.feet has had a considerable deflation of 52 % 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 $279.25 to $145 during October, and November.
Based upon to the price in Saint Gabriel (cities), this has gone up considerably in the last 6 months. In our first sample month during June, the average price is $262,785. In July This price remains at $251,553. During the following two months (August, September) the average price had a considerable increase of 281 % 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 $490,064 to $247,580, which means a 51 % fall.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $238,147 they are 21 % more affordable than the average price for Saint Gabriel. The properties with the lowest average price have 2 bedrooms, Their price is 16 % cheaper than the average. After that we have properties with 1 bedroom priced at $188,185.
With regard to the average price per sq.feet , those properties with 1 bedroom are the cheapest ones at a cost of $55 / sq.feet, with an average $143 / sq.feet price in Saint Gabriel. The properties with the lowest average prices have 2 bedrooms. They are 53 % cheaper than the average followed by properties with 1 bedroom with a price at $55 / sq.feet.
With regard to the average price based upon the property in Saint Gabriel we can see that the cheapest property type is "House" at a price of $198,980, they are 16 % more affordable than the average price of (!PRECIO2!). "House" has the lowest price. This price is 16 % more affordable than the average price aforementioned.
According to the average area cost by sq.feet the cheapest property type is "House with an average price of $67 / sq.feet. "House" with an average cost of $67 / sq.feet has the lowest price and would be directed at less affluent cities.