Property prices for sale in Andover (Minnesota)
The prices in real estate in Andover, 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 Andover has increased strongly during the last 6 months. In November, the average price per sq.feet was $1,461. In the following month the price per sq.feet decreased considerably to $1,100. The price for the following two months in (January, February) had a considerable increment of 119 %. The price per sq.feet has had a considerable increase of 268 % 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 $1,404.25 to $3,767.5 during March, and April.
Based upon to the price in Andover (cities), this has gone up in the last 6 months. In our first sample month during November, the average price is $461,019. In December This price remains at $477,030. During the following two months (January, February) the price has had an average incrementation from $469,024.5 to $496,450.5. Based on an analysis of the first four prices and the last two months the average price has gone up 105 % 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 $512,862 they are 62 % more affordable than the average price for Andover. The properties with the highest average price have 4 bedrooms, Their price is 10 % more costly than the average. After that we have properties with 3 bedrooms priced at $455,444.
With regard to the average price per sq.feet , those properties with 4 bedrooms are the cheapest ones at a cost of $223 / sq.feet, with an average $1,724 / sq.feet price in Andover. The properties with the lowest average prices have 2 bedrooms. They are 83 % cheaper than the average followed by properties with 3 bedrooms with a price at $266 / sq.feet.
The graph displaying the average prices displays the property type "Detached House" as the most affordable one. At an cost of $512,862 it is 35 % cheaper than the average price in Andover. "Duplex" is seen as the second most affordable property type. The dearest property type is "Land" followed by "Apartment". At a price of $549,425 it is 28 % more expensive 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 "Duplex" priced at $65 / sq.feet. "Land" is the cheapest type of property with a $1,450 / sq.feet value followed by "House" with an average price of $248 / sq.feet.
