Property prices for sale in Glenwood (Minnesota)
The prices in real estate in Glenwood, 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 Glenwood has had a strong decrease during the last 6 months. In November, the average price per sq.feet was $455. In the following month the price per sq.feet decreased considerably to $211. The price for the following two months in (January, February) decreased 88 % with regard to the prior two months. The price per sq.feet has increased 108 % 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 $312.25 to $337.5 during March, and April.
Based upon to the price in Glenwood (cities), these have remained the same in the last 6 months. The average price for November is $436,822. During December the price had a slight fall till $401,509. During the following two months (January, February) the price has had an average incrementation from $419,165.5 to $471,963.5. 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 $445,564.5 and $456,133 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 $433,525 they are 61 % more affordable than the average price for Glenwood. The properties with the lowest average price have 3 bedrooms, Their price is 29 % cheaper than the average. After that we have properties with 1 bedroom priced at $254,741.
With regard to the average price per sq.feet , those properties with 4 bedrooms are the cheapest ones at a cost of $48 / sq.feet, with an average $294 / sq.feet price in Glenwood. The properties with the lowest average prices have 1 bedroom. They are 34 % cheaper than the average followed by properties with 3 bedrooms with a price at $133 / sq.feet.
The graph displaying the average prices displays the property type "" as the most affordable one. At an cost of $433,525 it is 77 % cheaper than the average price in Glenwood. "House" is seen as the second most affordable property type. The cheapest type property is "House" followed by "". At a price of $99,656 it is 47 % more affordable than the average price.
According to the average area cost by sq.feet the cheapest property type is "House with an average price of $114 / sq.feet. "House" with an average cost of $114 / sq.feet has the lowest price and would be directed at less affluent cities.
