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 July, the average price per sq.feet was $486. In the following month the price per sq.feet decreased considerably to . The price for the following two months in (September, October) had a considerable decrease of 50 with regard to the prior two months. The price per sq.feet has had a considerable deflation of 62 % 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 $182 to $113 during November, and December.
Based upon to the price in Baxter (cities), this has fallen considerably in the last 6 months. The average price for July is $278,102. During August the price had a considerable reduction till . During the following two months (September, October) the average price had a considerable increase of 196 % 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 131 % during the last two months.
The graph showing the average price for bedrooms displays the property with the lowest price has 1 bedroom. It is 10 % cheaper than the average price of $242,978 in Baxter. Based on the bedrooms values, properties with the lowest prices are those with 1 bedroom. They are 10 % more affordable than the average aforementioned.
With regard to the average prices per sq.feet those properties with 1 bedroom are 19 % cheaper than the average price of ($92 / sq.feet) in Baxter. Properties with the most affordable price based upon to the number of bedrooms / sq.feet are those with 1 bedroom. They are 19 % cheaper than the average value aforementioned.
The graph displaying the average prices displays the property type "Apartment" as the most affordable one. At an cost of $269,786 it is 21 % 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 $212,753 it is 10 % 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 $66 / sq.feet followed by "House" priced at $92 / sq.feet. "House" is the cheapest type of property with a $92 / sq.feet value followed by "Apartment" with an average price of $66 / sq.feet.