The prices in real estate in Scott, 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 Scott has increased strongly during the last 6 months. In October, the average price per sq.feet was $142. In the following month the price per sq.feet increased considerably to $364. The price for the following two months in (December, January) had a considerable increment of 123 %. The price per sq.feet has had a considerable increase of 1083 % 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 $282.25 to $3,056.5 during February, and March.
Based upon to the price in Scott (cities), this has gone up considerably in the last 6 months. The price in October is $253,744, rising in November till $291,372. During the following two months (December, January) the average price had a considerable increase of 149 % with regard to the previous two months. Based on an analysis of the first four prices and the last two months the average price has gone up 109 % 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 $359,024 they are 22 % more affordable than the average price for Scott. The properties with the highest average price have 1 bedroom, Their price is 5 % more costly than the average. After that we have properties with 4 bedrooms priced at $322,311.
With regard to the average price per sq.feet , those properties with 4 bedrooms are the cheapest ones at a cost of $144 / sq.feet, with an average $2,628 / sq.feet price in Scott. The properties with the lowest average prices have 1 bedroom. They are 84 % cheaper than the average followed by properties with 2 bedrooms with a price at $182 / sq.feet.
The graph displaying the average prices displays the property type "" as the most affordable one. At an cost of $359,024 it is 86 % cheaper than the average price in Scott. "House" is seen as the second most affordable property type. The cheapest type property is "House" followed by "". At a price of $51,104 it is 23 % more affordable than the average price.
According to the average area cost by sq.feet the cheapest property type is "House with an average price of $157 / sq.feet. "House" with an average cost of $157 / sq.feet has the lowest price and would be directed at less affluent cities.