The prices in real estate in Austin, in the Minnesota region have remained the same in the last couple of months. The real estate prices for second hand homes have remained in this city.
The price per sq.feet in Austin has remained the same in the last 6 months. In October, the average price per sq.feet was $82. In November this price pretty much remained the same at a value of $84 per sq.feet. In the following two months the price per sq.feet has barely changed, going from $83 to $84.5 per sq.feet. The price per sq.feet has barely changed in the last two months compared to the average price of the previous four months going from an average price of $83.75 to $85 during February y March
Based upon to the price in Austin (cities), this has gone up considerably in the last 6 months. The price in October is $139,980, rising in November till $152,493. During the following two months (December, January) the price has had an average incrementation from $146,236.5 to $154,178. Based on an analysis of the first four prices and the last two months the average price has risen strongly 118 % 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 $182,395 they are 72 % more affordable than the average price for Austin. The properties with the lowest average price have 3 bedrooms, Their price is 19 % cheaper than the average. After that we have properties with 4 bedrooms priced at $146,118.
With regard to the average price per sq.feet , those properties with 2 bedrooms are the cheapest ones at a cost of $49 / sq.feet, with an average $87 / sq.feet price in Austin. The properties with the lowest average prices have 3 bedrooms. They are 16 % cheaper than the average followed by properties with 4 bedrooms with a price at $68 / sq.feet.
The graph displaying the average prices displays the property type "Townhouse" as the most affordable one. At an cost of $182,395 it is 38 % cheaper than the average price in Austin. "Apartment" is seen as the second most affordable property type. The cheapest type property is "House" followed by "Apartment". At a price of $125,630 it is 20 % more affordable than the average price.
According to the average cost per sq.feet, the cheapest property type is "Apartment" at an average cost of $41 / sq.feet followed by "Townhouse" priced at $47 / sq.feet. "House" is the cheapest type of property with a $68 / sq.feet value followed by "Townhouse" with an average price of $47 / sq.feet.