The prices in real estate in Zachary, 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 Zachary has increased strongly during the last 6 months. In October, the average price per sq.feet was $158. In the following month the price per sq.feet decreased to $148. The price for the following two months in (December, January) had a considerable increment of 129 %. The price per sq.feet has increased 113 % 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 $175.25 to $198.5 during February, and March.
Based upon to the price in Zachary (cities), this has gone up in the last 6 months. The average price during our first sample month during October, is $313,704. During November the price went through a considerable rise reaching $365,446. In the following two months the average price has remained the same with regard to the previous two months from $339,575 to $323,242. 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 $331,408.5 and $322,498 between February and March.
The graph displaying the average price for bedrooms illustrates that those properties with 2 bedrooms are the cheapest ones. At a price of $336,753 they are 31 % more affordable than the average price for Zachary. The properties with the highest average price have 4 bedrooms, Their price is 14 % more costly than the average. After that we have properties with 3 bedrooms priced at $282,080.
With regard to the average price per sq.feet , those properties with 1 bedroom are the cheapest ones at a cost of $102 / sq.feet, with an average $163 / sq.feet price in Zachary. The properties with the lowest average prices have 4 bedrooms. They are 29 % cheaper than the average followed by properties with 2 bedrooms with a price at $106 / sq.feet.
The graph displaying the average prices displays the property type "Apartment" as the most affordable one. At an cost of $336,753 it is 27 % cheaper than the average price in Zachary. "Condo" is seen as the second most affordable property type. The cheapest type property is "Duplex" followed by "Detached House". At a price of $328,614 it is 0 % more affordable than the average price.
According to the average cost per sq.feet, the cheapest property type is "Duplex" at an average cost of $69 / sq.feet followed by "Condo" priced at $83 / sq.feet. "Apartment" is the cheapest type of property with a $105 / sq.feet value followed by "House" with an average price of $88 / sq.feet.