Property prices for sale in Excelsior (Minnesota)
The prices in real estate in Excelsior, 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 Excelsior has increased strongly during the last 6 months. In October, the average price per sq.feet was $541. In November this price pretty much remained the same at a value of $526 per sq.feet. The price for the following two months in (December, January) decreased 90 % with regard to the prior two months. The price per sq.feet has had a considerable increase of 243 % 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 $507.5 to $1,232.5 during February, and March.
Based upon to the price in Excelsior (cities), this has fallen considerably in the last 6 months. The average price for October is $1,952,651. During November the price had a considerable reduction till $1,501,898. During the following two months (December, January) the average price had a considerable reduction of 83 % 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 3 bedrooms are the cheapest ones. At a price of $1,804,835 they are 58 % more affordable than the average price for Excelsior. The properties with the lowest average price have 1 bedroom, Their price is 54 % cheaper than the average. After that we have properties with 4 bedrooms priced at $815,841.
With regard to the average price per sq.feet , those properties with 4 bedrooms are the cheapest ones at a cost of $236 / sq.feet, with an average $1,856 / sq.feet price in Excelsior. The properties with the lowest average prices have 2 bedrooms. They are 79 % cheaper than the average followed by properties with 1 bedroom with a price at $324 / sq.feet.
The graph displaying the average prices displays the property type "House" as the most affordable one. At an cost of $1,804,835 it is 57 % cheaper than the average price in Excelsior. "Townhouse" is seen as the second most affordable property type. The cheapest type property is "Townhouse" followed by "House". At a price of $784,839 it is 56 % more affordable than the average price.
According to the average cost per sq.feet, the cheapest property type is "House" at an average cost of $226 / sq.feet followed by "Townhouse" priced at $294 / sq.feet. "Townhouse" is the cheapest type of property with a $294 / sq.feet value followed by "House" with an average price of $226 / sq.feet.
