Property prices for sale in Frazee (Minnesota)
The prices in real estate in Frazee, 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 Frazee has had a strong decrease during the last 6 months. In November, the average price per sq.feet was $1,865. In the following month the price per sq.feet decreased considerably to $129. The price for the following two months in (January, February) had a considerable decrease of 68 with regard to the prior two months. The price per sq.feet has had a considerable increase of 168 % 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 $839.5 to $1,411.5 during March, and April.
Based upon to the price in Frazee (cities), this has gone up in the last 6 months. In our first sample month during November, the average price is $280,609. In December This price remains at $284,452. During the following two months (January, February) the price has had an average incrementation from $282,530.5 to $302,648.5. Based on an analysis of the first four prices and the last two months the average price has gone up 114 % during the last two months.
The graph displaying the average price for bedrooms illustrates that those properties with 2 bedrooms are the cheapest ones. At a price of $360,416 they are 10 % more affordable than the average price for Frazee. The properties with the highest average price have 3 bedrooms, Their price is 54 % more costly than the average. After that we have properties with 4 bedrooms priced at $432,450.
With regard to the average price per sq.feet , those properties with 4 bedrooms are the cheapest ones at a cost of $167 / sq.feet, with an average $516 / sq.feet price in Frazee. The properties with the lowest average prices have 1 bedroom. They are 32 % cheaper than the average followed by properties with 3 bedrooms with a price at $235 / sq.feet.
The graph displaying the average prices displays the property type "Land" as the most affordable one. At an cost of $360,416 it is 63 % cheaper than the average price in Frazee. "House" is seen as the second most affordable property type. The dearest property type is "House" followed by "Land". At a price of $134,667 it is 12 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "House" at an average cost of $209 / sq.feet followed by "Land" priced at $88,215 / sq.feet. "Land" is the most costly type of property with a $88,215 / sq.feet cost followed by "House" with an average price of $209 / sq.feet.
