The prices in real estate in Slidell, 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 Slidell has increased strongly during the last 6 months. In January, the average price per sq.feet was $115. In the following month the price per sq.feet increased considerably to $943. The price for the following two months in (March, April) had a considerable increment of 225 %. The price per sq.feet has had a considerable increase of 146 % 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 $859.5 to $1,251 during May, and June.
Based upon to the price in Slidell (cities), this has gone up considerably in the last 6 months. The average price during our first sample month during January, is $219,080. During February the price went through a considerable rise reaching $313,123. During the following two months (March, April) the price has had an average incrementation from $266,101.5 to $299,767. During the last two months, the average price has pretty much remained the same with regard to the previous average values going from an average value of $282,934.25 and $275,411.5 between May and June.
The graph displaying the average price for bedrooms illustrates that those properties with 3 bedrooms are the cheapest ones. At a price of $255,594 they are 14 % more affordable than the average price for Slidell. The properties with the highest average price have 4 bedrooms, Their price is 22 % more costly than the average. After that we have properties with 1 bedroom priced at $230,597.
With regard to the average price per sq.feet , those properties with 1 bedroom are the cheapest ones at a cost of $185 / sq.feet, with an average $1,286 / sq.feet price in Slidell. The properties with the lowest average prices have 4 bedrooms. They are 22 % cheaper than the average followed by properties with 3 bedrooms with a price at $375 / sq.feet.
The graph displaying the average prices displays the property type "Condo" as the most affordable one. At an cost of $255,594 it is 66 % cheaper than the average price in Slidell. "Office" is seen as the second most affordable property type. The dearest property type is "Commercial" followed by "House". At a price of $287,270 it is 416 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "Condo" at an average cost of $103 / sq.feet followed by "Office" priced at $357 / sq.feet. "Commercial" is the most costly type of property with a $2,546 / sq.feet cost followed by "House" with an average price of $1,008 / sq.feet.