Property prices for sale in Crosslake (Minnesota)
The prices in real estate in Crosslake, 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 Crosslake has had a strong decrease during the last 6 months. In October, the average price per sq.feet was $408. In the following month the price per sq.feet decreased to $363. The price for the following two months in (December, January) had a considerable decrease of 82 with regard to the prior two months. The price per sq.feet has had a considerable deflation of 82 % 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 $351.75 to $289 during February, and March.
Based upon to the price in Crosslake (cities), this has fallen considerably in the last 6 months. The average price for October is $726,214. During November the price had a considerable reduction till $613,953. During the following two months (December, January) the average price had a considerable reduction of 82 % 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 gone up 107 % during the last two months.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $665,456 they are 59 % more affordable than the average price for Crosslake. The properties with the highest average price have 2 bedrooms, Their price is 2 % more costly than the average. After that we have properties with 4 bedrooms priced at $647,707.
With regard to the average price per sq.feet , those properties with 4 bedrooms are the cheapest ones at a cost of $274 / sq.feet, with an average $299 / sq.feet price in Crosslake. The properties with the highest average prices have 2 bedrooms. They are 93 % more expensive than the average followed by properties with 1 bedroom with a price at $379 / sq.feet.
The graph displaying the average prices displays the property type "Condo" as the most affordable one. At an cost of $665,456 it is 43 % cheaper than the average price in Crosslake. "House" is seen as the second most affordable property type. The cheapest type property is "House" followed by "Condo". At a price of $377,449 it is 20 % more affordable than the average price.
According to the average cost per sq.feet, the cheapest property type is "Condo" at an average cost of $167 / sq.feet followed by "House" priced at $318 / sq.feet. "House" is the most costly type of property with a $318 / sq.feet cost followed by "Condo" with an average price of $167 / sq.feet.
