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 $129. In February this price pretty much remained the same at a value of $127 per sq.feet. In the following two months the price per sq.feet has increased 106 %, going from $128 to $136 per sq.feet. The price per sq.feet has had a considerable increase of 278 % 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 $132 to $367 during May, and June.
Based upon to the price in Slidell (cities), this has gone up in the last 6 months. The price in January is $289,103, rising in February till $305,391. During the following two months (March, April) the price has had an average incrementation from $297,247 to $323,348. 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 3 bedrooms are the cheapest ones. At a price of $356,013 they are 38 % more affordable than the average price for Slidell. The properties with the lowest average price have 4 bedrooms, Their price is 13 % cheaper than the average. After that we have properties with 1 bedroom priced at $230,135.
With regard to the average price per sq.feet , those properties with 1 bedroom are the cheapest ones at a cost of $183 / sq.feet, with an average $590 / sq.feet price in Slidell. The properties with the highest average prices have 4 bedrooms. They are 69 % more expensive than the average followed by properties with 3 bedrooms with a price at $373 / sq.feet.
The graph displaying the average prices displays the property type "Condo" as the most affordable one. At an cost of $356,013 it is 76 % cheaper than the average price in Slidell. "Office" is seen as the second most affordable property type. The dearest property type is "House" followed by "Commercial". At a price of $323,845 it is 270 % 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 $101 / sq.feet followed by "Commercial" priced at $113 / sq.feet. "House" is the most costly type of property with a $2,540 / sq.feet cost followed by "Apartment" with an average price of $1,004 / sq.feet.