The prices in real estate in Bovey, 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 Bovey has fallen in the last 6 months. In November, the average price per sq.feet was $1,900. In the following month the price per sq.feet increased considerably to $3,742. The price for the following two months in (January, February) had a considerable decrease of 48 with regard to the prior two months. The price per sq.feet has had a considerable deflation of 46 % 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 $2,085.75 to $957 during March, and April.
Based upon to the price in Bovey (cities), this has gone up considerably in the last 6 months. The average price for November is $255,547. During December the price had a slight fall till $222,179. During the following two months (January, February) the average price had a considerable increase of 118 % 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 134 % during the last two months.