The average price in the Louisiana region has had a slight increase in recent months. There has been an inflation in the prices in this region.
The price per sq.feet in Louisiana has increased in the last 6 months. During April, the average price per sq.feet was $157. The following month (May) the price increased to $173 per sq.feet. The price per sq.feet for the following two months practically stayed the same, going from $165 to $165 per sq.feet. 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 $165 to $164.5 during August and September.
Based upon to the price in Louisiana(region), these have remained the same in the last 6 months. The average price in April is $321,438. In May the price increased to $341,139. In the following two months the average price didn't change much compared to the previous two going from $331,288.5 to $329,134.5. During the last two months the average price has remained stagnant and has gone from $330,211.5 to $343,124 during August and September.
The graph displaying the the average price per number of bedrooms shows that those with 1 bedroom are the cheapest ones. They are 41 % more affordable than the average price in Louisiana followed by those with 2 with an average price of $216,309. The most costly properties have 4 bedrooms. They are 10 % more expensive than the average followed by those properties with 3 bedrooms priced at $251,787.
Based on the average price per sq.feet those properties with 3 bedrooms are the cheapest ones with a price of $145 / sq.feet being $162 / sq.feet the average value within the Louisiana region. The properties with the most expensive average price are those with 1 bedroom. These are 79 % more costly than the average followed by those with 2 bedrooms with a price of $162 / sq.feet.
The graph displaying the average price according to the property type shows "Land" as the cheapest one. With an average cost of $344,862 it is 28 % more affordable than the average in Louisiana. This is followed by "Townhouse" with a price of $295,757. The dearest property type is "Apartment" and is 79 % more expensive than the average, followed by "Commercial" with a cost of $597,858.
Based on the average cost per sq.feet the cheapest property type is "Townhouse with a an average cost of $127 / sq.feet, followed by "Apartment" with a price of $145 / sq.feet. "Land" with an average price of $2,974 / sq.feet is the most costly type of property followed by "Condo" at a price of $242 / sq.feet.