The prices in real estate in Westwego, 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 Westwego has increased strongly during the last 6 months. In April, the average price per sq.feet was $98. In the following month the price per sq.feet increased considerably to $117. The price for the following two months in (June, July) had a considerable increment of 123 %. 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 $119.75 to $112 during August, and September.
Based upon to the price in Westwego (cities), this has gone up considerably in the last 6 months. The average price during our first sample month during April, is $172,000. During May the price went through a considerable rise reaching $223,250. During the following two months (June, July) the average price had a considerable increase of 140 % 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 $237,262.5 to $161,278.5, which means a 68 % fall.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $158,707 they are 22 % more affordable than the average price for Westwego. The properties with the highest average price have 4 bedrooms, Their price is 91 % more costly than the average. After that we have properties with 2 bedrooms priced at $157,988.
With regard to the average price per sq.feet , those properties with 4 bedrooms are the cheapest ones at a cost of $104 / sq.feet, with an average $112 / sq.feet price in Westwego. The properties with the highest average prices have 2 bedrooms. They are 7 % more expensive than the average followed by properties with 3 bedrooms with a price at $112 / sq.feet.
The graph displaying the average prices displays the property type "Condo" as the most affordable one. At an cost of $158,707 it is 42 % cheaper than the average price in Westwego. "House" is seen as the second most affordable property type. The dearest property type is "House" followed by "Condo". At a price of $92,099 it is 3 % 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 $48 / sq.feet followed by "House" priced at $117 / sq.feet. "House" is the most costly type of property with a $117 / sq.feet cost followed by "Condo" with an average price of $48 / sq.feet.