Property prices for sale in Minneapolis (Minnesota)
The prices in real estate in Minneapolis, in the Minnesota region have remained the same in the last couple of months. The real estate prices for second hand homes have remained in this city.
The price per sq.feet in Minneapolis has remained the same in the last 6 months. In October, the average price per sq.feet was $250. In the following month the price per sq.feet decreased to $233. In the following two months the price per sq.feet has barely changed, going from $241.5 to $243.5 per sq.feet. The price per sq.feet has barely changed in the last two months compared to the average price of the previous four months going from an average price of $242.5 to $250.5 during February y March
Based upon to the price in Minneapolis (cities), this has gone up in the last 6 months. The average price for October is $407,416. During November the price had a slight fall till $375,311. During the following two months (December, January) the price has had an average incrementation from $391,363.5 to $440,820. Based on an analysis of the first four prices and the last two months the average price has risen strongly 125 % during the last two months.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $575,014 they are 65 % more affordable than the average price for Minneapolis. The properties with the highest average price have 4 bedrooms, Their price is 20 % more costly than the average. After that we have properties with 3 bedrooms priced at $519,377.
With regard to the average price per sq.feet , those properties with 1 bedroom are the cheapest ones at a cost of $240 / sq.feet, with an average $258 / sq.feet price in Minneapolis. The properties with the highest average prices have 2 bedrooms. They are 11 % more expensive than the average followed by properties with 3 bedrooms with a price at $267 / sq.feet.
The graph displaying the average prices displays the property type "Land" as the most affordable one. At an cost of $575,014 it is 26 % cheaper than the average price in Minneapolis. "Condo" is seen as the second most affordable property type. The dearest property type is "House" followed by "Townhouse". At a price of $585,582 it is 6 % 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 $257 / sq.feet followed by "Townhouse" priced at $258 / sq.feet. "Land" is the most costly type of property with a $481 / sq.feet cost followed by "Condo" with an average price of $302 / sq.feet.
