The prices in real estate in Avon, 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 Avon has increased strongly during the last 6 months. In October, the average price per sq.feet was $195. In the following month the price per sq.feet increased considerably to $249. In the following two months the price per sq.feet has barely changed, going from $222 to $223 per sq.feet. The price per sq.feet has had a considerable increase of 120 % 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 $222.5 to $267.5 during February, and March.
Based upon to the price in Avon (cities), this has gone up in the last 6 months. The average price during our first sample month during October, is $349,166. During November the price went through a considerable rise reaching $470,413. In the following two months the average price has remained the same with regard to the previous two months from $409,789.5 to $390,945. During the last two months, the average price has reduced with regard to the previous ones. To be precise it has gone down 93 %, going from $400,367.25 to $372,203 in February and March.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $362,935 they are 48 % more affordable than the average price for Avon. The properties with the highest average price have 4 bedrooms, Their price is 24 % more costly than the average. After that we have properties with 3 bedrooms priced at $403,838.
With regard to the average price per sq.feet , those properties with 4 bedrooms are the cheapest ones at a cost of $219 / sq.feet, with an average $292 / sq.feet price in Avon. The properties with the highest average prices have 1 bedroom. They are 171 % more expensive than the average followed by properties with 2 bedrooms with a price at $267 / sq.feet.
With regard to the average price based upon the property in Avon we can see that the cheapest property type is "House" at a price of $362,935, they are 0 % more affordable than the average price of (!PRECIO2!). "House" has the lowest price. This price is 0 % more affordable than the average price aforementioned.
According to the average area cost by sq.feet the cheapest property type is "House with an average price of $292 / sq.feet. "House" with an average cost of $292 / sq.feet has the lowest price and would be directed at less affluent cities.