The prices in real estate in Woodbury, in the Minnesota 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 Woodbury has increased strongly during the last 6 months. In October, the average price per sq.feet was $202. In November this price pretty much remained the same at a value of $201 per sq.feet. In the following two months the price per sq.feet has barely changed, going from $201.5 to $207 per sq.feet. The price per sq.feet has had a considerable increase of 230 % 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 $204.25 to $470.5 during February, and March.
Based upon to the price in Woodbury (cities), these have remained the same in the last 6 months. In our first sample month during October, the average price is $521,889. In November This price remains at $518,207. In the following two months the average price has remained the same with regard to the previous two months from $520,048 to $517,673. 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 $518,860.5 and $524,550 between February and March.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $550,904 they are 68 % more affordable than the average price for Woodbury. The properties with the highest average price have 4 bedrooms, Their price is 16 % more costly than the average. After that we have properties with 3 bedrooms priced at $455,982.
With regard to the average price per sq.feet , those properties with 3 bedrooms are the cheapest ones at a cost of $207 / sq.feet, with an average $733 / sq.feet price in Woodbury. The properties with the lowest average prices have 1 bedroom. They are 70 % cheaper than the average followed by properties with 2 bedrooms with a price at $216 / sq.feet.
The graph displaying the average prices displays the property type "House" as the most affordable one. At an cost of $550,904 it is 37 % cheaper than the average price in Woodbury. "Detached House" is seen as the second most affordable property type. The dearest property type is "Apartment" followed by "Detached House". At a price of $370,163 it is 1 % 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 $184 / sq.feet followed by "Detached House" priced at $188 / sq.feet. "Apartment" is the cheapest type of property with a $193 / sq.feet value followed by "Detached House" with an average price of $188 / sq.feet.