Property prices for sale in Backus (Minnesota)
The prices in real estate in Backus, 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 Backus has increased strongly during the last 6 months. In November, the average price per sq.feet was $380. In the following month the price per sq.feet increased considerably to $1,237. The price for the following two months in (January, February) had a considerable decrease of 28 with regard to the prior two months. The price per sq.feet has had a considerable increase of 200 % 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 $516.75 to $1,032.5 during March, and April.
Based upon to the price in Backus (cities), this has gone up considerably in the last 6 months. The price in November is $290,474, rising in December till $314,978. During the following two months (January, February) the average price had a considerable increase of 123 % with regard to the previous two months. Based on an analysis of the first four prices and the last two months the average price has risen strongly 142 % during the last two months.
