The prices in real estate in Beaver Creek, in the Minnesota region have had a minor fall in the last couple of months. The real estate prices for second hand homes have fallen in this city
The price per sq.feet in Beaver Creek has fallen in the last 6 months. In August, the average price per sq.feet was $870. In September this price pretty much remained the same at a value of $850 per sq.feet. In the following two months the price per sq.feet has barely changed, going from $860 to $817.5 per sq.feet. The price per sq.feet has had a considerable deflation of 73 % 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 $838.75 to $615 during December, and January.
Based upon to the price in Beaver Creek (cities), this has fallen considerably in the last 6 months. The average price for August is $2,340,028. During September the price had a considerable reduction till $1,915,076. In the following two months the average price has remained the same with regard to the previous two months from $2,127,552 to $2,125,775.5. During the last two months the average price has had a strong fall compared to the previous four going from $2,126,663.75 to $1,714,777, which means a 81 % fall.
The graph displaying the average price for bedrooms illustrates that those properties with 2 bedrooms are the cheapest ones. At a price of $1,108,903 they are 71 % more affordable than the average price for Beaver Creek. The properties with the highest average price have 4 bedrooms, Their price is 170 % more costly than the average. After that we have properties with 3 bedrooms priced at $835,712.
With regard to the average price per sq.feet , those properties with 2 bedrooms are the cheapest ones at a cost of $273 / sq.feet, with an average $502 / sq.feet price in Beaver Creek. The properties with the highest average prices have 4 bedrooms. They are 85 % more expensive than the average followed by properties with 1 bedroom with a price at $871 / sq.feet.
The graph displaying the average prices displays the property type "Condo" as the most costly one. At an cost of $1,108,903 it is 46 % more expensive than the average price in Beaver Creek. "Townhouse" is seen as the second dearest property type. The dearest property type is "House" followed by "Townhouse". At a price of $1,923,000 it is 429 % more expensive than the average price.
According to the average cost per sq.feet, the most expensive property type would be "Townhouse" at an average cost of $797 / sq.feet followed by "Condo" priced at $933 / sq.feet. "House" is the most costly type of property with a $7,850 / sq.feet cost followed by "Condo" with an average price of $933 / sq.feet.