The prices in real estate in Youngsville, 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 Youngsville has increased strongly during the last 6 months. In November, the average price per sq.feet was $266. In December this price pretty much remained the same at a value of $273 per sq.feet. The price for the following two months in (January, February) had a considerable increment of 152 %. The price per sq.feet has had a considerable deflation of 68 % 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 $340 to $230.5 during March, and April.
Based upon to the price in Youngsville (cities), these have remained the same in the last 6 months. In our first sample month during November, the average price is $339,339. In December This price remains at $343,789. In the following two months the average price has remained the same with regard to the previous two months from $341,564 to $333,419. 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 $337,491.5 and $322,086 between March and April.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $338,379 they are 31 % more affordable than the average price for Youngsville. The properties with the highest average price have 4 bedrooms, Their price is 30 % more costly than the average. After that we have properties with 3 bedrooms priced at $298,553.
With regard to the average price per sq.feet , those properties with 3 bedrooms are the cheapest ones at a cost of $176 / sq.feet, with an average $186 / sq.feet price in Youngsville. The properties with the highest average prices have 1 bedroom. They are 40 % more expensive than the average followed by properties with 2 bedrooms with a price at $198 / sq.feet.
The graph displaying the average prices displays the property type "Condo" as the most affordable one. At an cost of $338,379 it is 19 % cheaper than the average price in Youngsville. "House" is seen as the second most affordable property type. The dearest property type is "Land" followed by "Detached House". At a price of $356,802 it is 73 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "House" at an average cost of $184 / sq.feet followed by "Detached House" priced at $190 / sq.feet. "Land" is the most costly type of property with a $105,060 / sq.feet cost followed by "Condo" with an average price of $242 / sq.feet.