The prices in real estate in Biwabik, in the Minnesota region have remained the same in the last couple of months. The real estate prices for second hand homes have remained in this city.
The price per sq.feet in Biwabik has remained the same in the last 6 months. In November, the average price per sq.feet was $295. In the following month the price per sq.feet increased to $317. In the following two months the price per sq.feet has barely changed, going from $306 to $318.5 per sq.feet. The price per sq.feet has decreased 91 % 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 $312.25 to $285.5 during March, and April.
Based upon to the price in Biwabik (cities), this has gone up in the last 6 months. The price in November is $623,118, rising in December till $691,371. During the following two months (January, February) the price has had an average incrementation from $657,244.5 to $747,919. During the last two months the average price has had a strong fall compared to the previous four going from $702,581.75 to $567,570.5, which means a 81 % fall.