The prices in real estate in Beaver Creek, 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 Beaver Creek has increased strongly during the last 6 months. In April, the average price per sq.feet was $310. In the following month the price per sq.feet increased to $350. The price for the following two months in (June, July) had a considerable increment of 154 %. The price per sq.feet has had a considerable increase of 171 % 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 $419.75 to $717.5 during August, and September.
Based upon to the price in Beaver Creek (cities), this has gone up considerably in the last 6 months. The price in April is $612,729, rising in May till $697,968. During the following two months (June, July) the average price had a considerable increase of 183 % 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 164 % during the last two months.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $1,650,679 they are 61 % more affordable than the average price for Beaver Creek. The properties with the highest average price have 4 bedrooms, Their price is 38 % more costly than the average. After that we have properties with 3 bedrooms priced at $1,633,410.
With regard to the average price per sq.feet , those properties with 2 bedrooms are the cheapest ones at a cost of $702 / sq.feet, with an average $819 / sq.feet price in Beaver Creek. The properties with the highest average prices have 1 bedroom. They are 48 % more expensive than the average followed by properties with 3 bedrooms with a price at $1,043 / sq.feet.
The graph displaying the average prices displays the property type "Condo" as the most affordable one. At an cost of $1,650,679 it is 5 % cheaper than the average price in Beaver Creek. "Townhouse" is seen as the second most affordable property type. The dearest property type is "House" followed by "Duplex". At a price of $5,415,000 it is 250 % more expensive than the average price.
According to the average cost per sq.feet, the most expensive property type would be "Duplex" at an average cost of $851 / sq.feet followed by "Condo" priced at $956 / sq.feet. "House" is the most costly type of property with a $17,114 / sq.feet cost followed by "Townhouse" with an average price of $992 / sq.feet.