Property prices for sale in Aitkin (Minnesota)
The prices in real estate in Aitkin, 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 Aitkin has increased strongly during the last 6 months. In November, the average price per sq.feet was $252. In the following month the price per sq.feet decreased considerably to $197. The price for the following two months in (January, February) had a considerable increment of 435 %. The price per sq.feet has had a considerable increase of 193 % 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 $600.5 to $1,161 during March, and April.
Based upon to the price in Aitkin (cities), these have remained the same in the last 6 months. In our first sample month during November, the average price is $282,491. In December This price remains at $285,843. In the following two months the average price has remained the same with regard to the previous two months from $284,167 to $272,538. Based on an analysis of the first four prices and the last two months the average price has gone up 113 % during the last two months.
The graph displaying the average price for bedrooms illustrates that those properties with 2 bedrooms are the cheapest ones. At a price of $339,298 they are 42 % more affordable than the average price for Aitkin. The properties with the highest average price have 4 bedrooms, Their price is 61 % more costly than the average. After that we have properties with 3 bedrooms priced at $339,594.
With regard to the average price per sq.feet , those properties with 3 bedrooms are the cheapest ones at a cost of $195 / sq.feet, with an average $281 / sq.feet price in Aitkin. The properties with the highest average prices have 1 bedroom. They are 31 % more expensive than the average followed by properties with 4 bedrooms with a price at $256 / sq.feet.
The graph displaying the average prices displays the property type "Land" as the most affordable one. At an cost of $339,298 it is 84 % cheaper than the average price in Aitkin. "House" is seen as the second most affordable property type. The dearest property type is "House" followed by "Land". At a price of $54,560 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 $232 / sq.feet followed by "Land" priced at $14,813 / sq.feet. "Land" is the most costly type of property with a $14,813 / sq.feet cost followed by "House" with an average price of $232 / sq.feet.
