The prices in real estate in Albertville, 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 Albertville has increased strongly during the last 6 months. In September, the average price per sq.feet was $133. In the following month the price per sq.feet increased considerably to $165. In the following two months the price per sq.feet has increased 108 %, going from $149 to $160.5 per sq.feet. The price per sq.feet has had a considerable increase of 122 % 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 $154.75 to $188.5 during January, and February.
Based upon to the price in Albertville (cities), this has gone up considerably in the last 6 months. The average price during our first sample month during September, is $277,062. During October the price went through a considerable rise reaching $366,378. During the following two months (November, December) the price has had an average incrementation from $321,720 to $339,960.5. 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 showing the average price for bedrooms displays the property with the lowest price has 1 bedroom. It is 23 % cheaper than the average price of $306,330 in Albertville. Based on the bedrooms values, properties with the lowest prices are those with 1 bedroom. They are 23 % more affordable than the average aforementioned.
With regard to the average prices per sq.feet those properties with 1 bedroom are 63 % cheaper than the average price of ($72 / sq.feet) in Albertville. Properties with the most affordable price based upon to the number of bedrooms / sq.feet are those with 1 bedroom. They are 63 % cheaper than the average value aforementioned.
The graph displaying the average prices displays the property type "Detached House" as the most affordable one. At an cost of $397,514 it is 24 % cheaper than the average price in Albertville. "House" is seen as the second most affordable property type. The cheapest type property is "House" followed by "Detached House". At a price of $303,275 it is 23 % more affordable than the average price.
According to the average cost per sq.feet, the cheapest property type is "Detached House" at an average cost of $62 / sq.feet followed by "House" priced at $72 / sq.feet. "House" is the cheapest type of property with a $72 / sq.feet value followed by "Detached House" with an average price of $62 / sq.feet.