Property prices for sale in Big Lake (Minnesota)
The prices in real estate in Big Lake, in the Minnesota region have had a minor rise in the last couple of months. The real estate prices for second hand homes have risen in this city.
The price per sq.feet in Big Lake has increased during the last 6 months. In October, the average price per sq.feet was $231. In the following month the price per sq.feet decreased to $207. The price for the following two months in (December, January) decreased 94 % with regard to the prior two months. The price per sq.feet has had a considerable increase of 147 % 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 $212.25 to $313 during February, and March.
Based upon to the price in Big Lake (cities), these have remained the same in the last 6 months. In our first sample month during October, the average price is $425,103. In November This price remains at $418,969. In the following two months the average price has remained the same with regard to the previous two months from $422,036 to $427,488.5. Based on an analysis of the first four prices and the last two months the average price has gone up 110 % 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 $465,584 they are 53 % more affordable than the average price for Big Lake. The properties with the lowest average price have 4 bedrooms, Their price is 11 % cheaper than the average. After that we have properties with 3 bedrooms priced at $331,289.
With regard to the average price per sq.feet , those properties with 4 bedrooms are the cheapest ones at a cost of $92 / sq.feet, with an average $411 / sq.feet price in Big Lake. The properties with the lowest average prices have 1 bedroom. They are 50 % cheaper than the average followed by properties with 2 bedrooms with a price at $151 / sq.feet.
The graph displaying the average prices displays the property type "Condo" as the most affordable one. At an cost of $465,584 it is 53 % cheaper than the average price in Big Lake. "Townhouse" is seen as the second most affordable property type. The cheapest type property is "Apartment" followed by "Townhouse". At a price of $245,379 it is 36 % more affordable than the average price.
According to the average cost per sq.feet, the cheapest property type is "Townhouse" at an average cost of $90 / sq.feet followed by "Condo" priced at $108 / sq.feet. "Apartment" is the cheapest type of property with a $124 / sq.feet value followed by "Condo" with an average price of $108 / sq.feet.
