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 January, the average price per sq.feet was . In the following month the price per sq.feet increased considerably to $147. The price for the following two months in (March, April) had a considerable increment of 199 %. The price per sq.feet has decreased 94 % 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 $110 to $103 during May, and June.
Based upon to the price in Saint Gabriel (cities), this has gone up considerably in the last 6 months. The average price during our first sample month during January, is . During February the price went through a considerable rise reaching $299,342. During the following two months (March, April) the average price had a considerable increase of 172 % with regard to the previous two months. 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 $203,439.75 to $190,397.5 in May and June.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the most costly ones. At a price of $189,674 they are 1 % more expensive than the average price for Saint Gabriel. Following this ranking we find those properties with 2 at an average price of $202,401. The properties with the highest average price have 2 bedrooms, Their price is 7 % more costly than the average. After that we have properties with 1 bedroom priced at $191,422.
With regard to the average price per sq.feet , those properties with 1 bedroom are the cheapest ones at a cost of $72 / sq.feet, with an average $103 / sq.feet price in Saint Gabriel. The properties with the lowest average prices have 2 bedrooms. They are 18 % cheaper than the average followed by properties with 1 bedroom with a price at $72 / sq.feet.
With regard to the average price based upon the property in Saint Gabriel we can see that most expensive property type is "House" at a price of $202,401, they are 7 % more costly than the average price of (!PRECIO2!). "House" has the highest price. This price is 7 % more expensive 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 $84 / sq.feet. "House" with an average cost of $84 / sq.feet has the lowest price and would be directed at less affluent cities.