The prices in real estate in Barnesville, 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 Barnesville has increased strongly during the last 6 months. In April, the average price per sq.feet was . In the following month the price per sq.feet increased considerably to $191. In the following two months the price per sq.feet has barely changed, going from $95.5 to $94.5 per sq.feet. The price per sq.feet has had a considerable deflation of 65 % 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 $95 to $62 during August, and September.
Based upon to the price in Barnesville (cities), this has gone up considerably in the last 6 months. The average price during our first sample month during April, is . During May the price went through a considerable rise reaching $679,000. In the following two months the average price has remained the same with regard to the previous two months from $339,500 to $337,000. During the last two months the average price has had a strong fall compared to the previous four going from $338,250 to $173,128, which means a 51 % fall.
The graph showing the average price for bedrooms displays the property with the lowest price has 1 bedroom. It is 40 % cheaper than the average price of $206,428 in Barnesville. Based on the bedrooms values, properties with the lowest prices are those with 1 bedroom. They are 40 % more affordable than the average aforementioned.
With regard to the average prices per sq.feet those properties with 1 bedroom are 42 % cheaper than the average price of ($72 / sq.feet) in Barnesville. Properties with the most affordable price based upon to the number of bedrooms / sq.feet are those with 1 bedroom. They are 42 % cheaper than the average value aforementioned.
The graph displaying the average prices displays the property type "House" as the most affordable one. At an cost of $346,256 it is 40 % cheaper than the average price in Barnesville. "Land" is seen as the second most affordable property type. The cheapest type property is "Land" followed by "House". At a price of $206,428 it is 28 % more affordable than the average price.
According to the average cost per sq.feet, the cheapest property type is "House" at an average cost of $72 / sq.feet followed by "Land" priced at $80 / sq.feet. "Land" is the cheapest type of property with a $80 / sq.feet value followed by "House" with an average price of $72 / sq.feet.