The prices in real estate in Harris, 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 Harris has had a strong decrease during the last 6 months. In October, the average price per sq.feet was $1,565. In the following month the price per sq.feet decreased considerably to $206. The price for the following two months in (December, January) had a considerable decrease of 21 with regard to the prior two months. The price per sq.feet has had a considerable increase of 175 % 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 $535.75 to $936 during February, and March.
Based upon to the price in Harris (cities), this has gone up in the last 6 months. In our first sample month during October, the average price is $411,660. In November This price remains at $407,308. During the following two months (December, January) the average price had a considerable increase of 131 % 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 $472,307 to $395,553.5, which means a 84 % fall.