Property prices for sale in Cottage Grove (Minnesota)
The prices in real estate in Cottage Grove, in the Minnesota region have had a strong fall in the last couple of months. The real estate prices for second hand homes have gone through a strong fall in this city.
The price per sq.feet in Cottage Grove has had a strong decrease during the last 6 months. In November, the average price per sq.feet was $1,324. In the following month the price per sq.feet decreased considerably to $201. The price for the following two months in (January, February) had a considerable decrease of 44 with regard to the prior two months. The price per sq.feet has had a considerable increase of 320 % 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 $549.75 to $1,761.5 during March, and April.
Based upon to the price in Cottage Grove (cities), these have remained the same in the last 6 months. In our first sample month during November, the average price is $426,066. In December This price remains at $421,940. During the following two months (January, February) the price has had an average incrementation from $424,003 to $450,554.5. 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 $437,278.75 and $425,108.5 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 $437,464 they are 21 % more affordable than the average price for Cottage Grove. The properties with the highest average price have 1 bedroom, Their price is 12 % more costly than the average. After that we have properties with 4 bedrooms priced at $484,908.
With regard to the average price per sq.feet , those properties with 3 bedrooms are the cheapest ones at a cost of $214 / sq.feet, with an average $685 / sq.feet price in Cottage Grove. The properties with the highest average prices have 4 bedrooms. They are 33 % more expensive than the average followed by properties with 1 bedroom with a price at $450 / sq.feet.
The graph displaying the average prices displays the property type "House" as the most affordable one. At an cost of $437,464 it is 16 % cheaper than the average price in Cottage Grove. "Detached House" is seen as the second most affordable property type. The dearest property type is "Condo" followed by "Apartment". At a price of $477,941 it is 9 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "Condo" at an average cost of $194 / sq.feet followed by "House" priced at $195 / sq.feet. "Apartment" is the most costly type of property with a $1,952 / sq.feet cost followed by "Detached House" with an average price of $198 / sq.feet.
