Property prices for sale in Deer River (Minnesota)
The prices in real estate in Deer River, 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 Deer River has increased strongly during the last 6 months. In October, the average price per sq.feet was $3,051. In the following month the price per sq.feet decreased to $2,643. The price for the following two months in (December, January) had a considerable decrease of 7 with regard to the prior two months. The price per sq.feet has had a considerable increase of 506 % 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 $1,519 to $7,681 during February, and March.
Based upon to the price in Deer River (cities), these have remained the same in the last 6 months. The average price for October is $275,491. During November the price had a slight fall till $258,014. During the following two months (December, January) the average price had a considerable increase of 126 % with regard to the previous two months. During the last two months the average price has had a strong fall compared to the previous four going from $301,609.75 to $205,727, which means a 68 % fall.
