The prices in real estate in Altura, in the Minnesota region have had a strong fall in the last couple of months. The real estate prices for second hand homes have gone through a strong fall in this city.
The price per sq.feet in Altura has had a strong decrease during the last 6 months. In November, the average price per sq.feet was $20,934. In the following month the price per sq.feet decreased considerably to $117. The price for the following two months in (January, February) had a considerable decrease of 1 with regard to the prior two months. The price per sq.feet has had a considerable deflation of 1 % 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 $5,323.75 to $74 during March, and April.
Based upon to the price in Altura (cities), this has gone downing the last 6 months. The average price during our first sample month during November, is $321,900. During December the price went through a considerable rise reaching $371,813. During the following two months (January, February) the price has had an average incrementation from $346,856.5 to $381,821. During the last two months the average price has had a strong fall compared to the previous four going from $364,338.75 to $118,225, which means a 32 % fall.