The prices in real estate in Blaine, 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 Blaine has fallen in the last 6 months. In November, the average price per sq.feet was $491. In the following month the price per sq.feet decreased considerably to $208. The price for the following two months in (January, February) had a considerable decrease of 69 with regard to the prior two months. The price per sq.feet has had a considerable increase of 272 % 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 $295.5 to $805 during March, and April.
Based upon to the price in Blaine (cities), these have remained the same in the last 6 months. In our first sample month during November, the average price is $477,563. In December This price remains at $457,483. In the following two months the average price has remained the same with regard to the previous two months from $467,523 to $482,922.5. During the last two months, the average price has pretty much remained the same with regard to the previous average values going from an average value of $475,222.75 and $468,193 between March and April.
The graph displaying the average price for bedrooms illustrates that those properties with 2 bedrooms are the cheapest ones. At a price of $468,803 they are 50 % more affordable than the average price for Blaine. The properties with the highest average price have 4 bedrooms, Their price is 5 % more costly than the average. After that we have properties with 1 bedroom priced at $409,468.
With regard to the average price per sq.feet , those properties with 4 bedrooms are the cheapest ones at a cost of $129 / sq.feet, with an average $224 / sq.feet price in Blaine. The properties with the lowest average prices have 3 bedrooms. They are 29 % cheaper than the average followed by properties with 1 bedroom with a price at $150 / sq.feet.
The graph displaying the average prices displays the property type "House" as the most affordable one. At an cost of $468,803 it is 41 % cheaper than the average price in Blaine. "Apartment" is seen as the second most affordable property type. The dearest property type is "Land" followed by "Detached House". At a price of $496,046 it is 28 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "Detached House" at an average cost of $121 / sq.feet followed by "Apartment" priced at $144 / sq.feet. "Land" is the most costly type of property with a $51,727 / sq.feet cost followed by "House" with an average price of $149 / sq.feet.