The average price in the Louisiana region has had an strong increase in recent months. There has been a strong inflation in the prices in this region.
The price per sq.feet in Louisiana has increased strongly in the last 6 months. During March, the average price per sq.feet was $140. The following month the price decreased to $127 per sq.feet. The price per sq.feet for the following two months practically stayed the same, going from $133.5 to $137 per sq.feet. In the last two months, the price per sq.feet has had a significant increase of 285 %. This has been obtained by comparing the price of $135.25 for the first four months of the sample with regard to the previous 4 months and the price of $385.5 per sq.feet for the last two months (July, August).
Based upon to the price in Louisiana(region), this has increased in the last 6 months. In the first month sample March the average price is $354,770. In April the price was the same at $341,700. The average price for the following two months (May, June) decreased 94 % compared to the prior two. During the last two months the price has had a considerable increase of 139 % with respect to the previous four months going from $337,706.5 a $469,154.
The graph displaying the the average price per number of bedrooms shows that those with 2 bedrooms are the cheapest ones. They are 52 % more affordable than the average price in Louisiana followed by those with 1 with an average price of $173,276. The most costly properties have 4 bedrooms. They are 9 % more expensive than the average followed by those properties with 3 bedrooms priced at $214,260.
Based on the average price per sq.feet those properties with 3 bedrooms are the cheapest ones with a price of $125 / sq.feet being $149 / sq.feet the average value within the Louisiana region. The properties with the most expensive average price are those with 1 bedroom. These are 61 % more costly than the average followed by those with 4 bedrooms with a price of $137 / sq.feet.
The graph displaying the average price according to the property type shows "Townhouse" as the cheapest one. With an average cost of $325,061 it is 43 % more affordable than the average in Louisiana. This is followed by "House" with a price of $288,105. The dearest property type is "Condo" and is 1069 % more expensive than the average, followed by "Commercial" with a cost of $859,590.
Based on the average cost per sq.feet the cheapest property type is "Townhouse with a an average cost of $110 / sq.feet, followed by "Duplex" with a price of $114 / sq.feet. "Land" with an average price of $47,670 / sq.feet is the most costly type of property followed by "Condo" at a price of $2,739 / sq.feet.