The average price in the Louisiana region has had a slight decrease in recent months. There has been a deflation in the prices in this region.
The price per sq.feet in Louisiana has risen in the last 6 months. During July, the average price per sq.feet was $156. The following month the price decreased to $138 per sq.feet. The following two months (September, October) there has been a deflation of 87 % in the price per sq.feet with regard to the previous two. In the last two months, the price has stayed the same with regard to the average value for the last 4 months going from an average price per sq.feet of $137.75 to $138.5 during November and December.
Based upon to the price in Louisiana (region), this has decreased in the last 6 months. July has an average price of $327,971. During August the price had a slight deflation till $303,169. The average price for the following two months (September, October) decreased 87 % compared to the prior two. During the last two months the price has risen 113 % compared to the previous average values going from $294,990.75 a $331,923.5 in November and December.
The graph displaying the the average price per number of bedrooms shows that those with 1 bedroom are the cheapest ones. They are 40 % more affordable than the average price in Louisiana followed by those with 2 with an average price of $202,714. The most costly properties have 4 bedrooms. They are 3 % more expensive than the average followed by those properties with 3 bedrooms priced at $235,822.
Based on the average price per sq.feet those properties with 3 bedrooms are the cheapest ones with a price of $121 / sq.feet being $136 / sq.feet the average value within the Louisiana region. The properties with the most expensive average price are those with 1 bedroom. These are 90 % more costly than the average followed by those with 2 bedrooms with a price of $148 / sq.feet.
The graph displaying the average price according to the property type shows "Land" as the cheapest one. With an average cost of $335,659 it is 66 % more affordable than the average in Louisiana. This is followed by "Condo" with a price of $258,475. The dearest property type is "Commercial" and is 440 % more expensive than the average, followed by "House" with a cost of $463,350.
Based on the average cost per sq.feet the cheapest property type is "Land with a an average cost of $16 / sq.feet, followed by "Townhouse" with a price of $117 / sq.feet. "Commercial" with an average price of $227 / sq.feet is the most costly type of property followed by "Condo" at a price of $165 / sq.feet.