The prices in real estate in Baxter, in the Minnesota region have had a strong fall in the last couple of months. The real estate prices for second hand homes have gone through a strong fall in this city.
The price per sq.feet in Baxter has had a strong decrease during the last 6 months. In October, the average price per sq.feet was $8,598. In the following month the price per sq.feet decreased considerably to $7,172. The price for the following two months in (December, January) had a considerable decrease of 2 with regard to the prior two months. The price per sq.feet has had a considerable increase of 347 % 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 $4,038 to $14,029.5 during February, and March.
Based upon to the price in Baxter (cities), this has gone up in the last 6 months. In our first sample month during October, the average price is $354,624. In November This price remains at $346,944. During the following two months (December, January) the price has had an average incrementation from $350,784 to $376,988. 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 4 bedrooms are the cheapest ones. At a price of $394,078 they are 41 % more affordable than the average price for Baxter. The properties with the lowest average price have 1 bedroom, Their price is 40 % cheaper than the average. After that we have properties with 3 bedrooms priced at $237,201.
With regard to the average price per sq.feet , those properties with 4 bedrooms are the cheapest ones at a cost of $53 / sq.feet, with an average $8,619 / sq.feet price in Baxter. The properties with the lowest average prices have 1 bedroom. They are 99 % cheaper than the average followed by properties with 3 bedrooms with a price at $68 / sq.feet.
The graph displaying the average prices displays the property type "Apartment" as the most affordable one. At an cost of $394,078 it is 48 % cheaper than the average price in Baxter. "House" is seen as the second most affordable property type. The cheapest type property is "House" followed by "Apartment". At a price of $204,592 it is 41 % 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 $27 / sq.feet followed by "House" priced at $53 / sq.feet. "House" is the cheapest type of property with a $53 / sq.feet value followed by "Apartment" with an average price of $27 / sq.feet.