The prices in real estate in Blue Earth, 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 Blue Earth has increased strongly during the last 6 months. In October, the average price per sq.feet was $81. In the following month the price per sq.feet decreased to $74. The price for the following two months in (December, January) had a considerable increment of 180 %. The price per sq.feet has increased 114 % 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 $108.5 to $123.5 during February, and March.
Based upon to the price in Blue Earth (cities), these have remained the same in the last 6 months. In our first sample month during October, the average price is $201,525. In November This price remains at $197,304. In the following two months the average price has remained the same with regard to the previous two months from $199,414.5 to $209,200. 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 $204,307.25 and $195,350.5 between February and March.