The prices in real estate in Hoyt Lakes, 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 Hoyt Lakes has had a strong decrease during the last 6 months. In October, the average price per sq.feet was $134. In the following month the price per sq.feet decreased to $125. The price for the following two months in (December, January) had a considerable decrease of 63 with regard to the prior two months. The price per sq.feet has barely changed in the last two months compared to the average price of the previous four months going from an average price of $105.25 to $100 during February y March
Based upon to the price in Hoyt Lakes (cities), this has fallen considerably in the last 6 months. In our first sample month during October, the average price is $210,995. In November This price remains at $208,646. During the following two months (December, January) the average price had a considerable reduction of 60 % with regard to the previous two months. During the last two months, the average price has reduced with regard to the previous ones. To be precise it has gone down 90 %, going from $167,970.25 to $150,400.5 in February and March.