Property prices for sale in Hugo (Minnesota)
The prices in real estate in Hugo, in the Minnesota region have had a minor fall in the last couple of months. The real estate prices for second hand homes have fallen in this city
The price per sq.feet in Hugo has fallen in the last 6 months. In October, the average price per sq.feet was $675. In the following month the price per sq.feet increased considerably to $964. The price for the following two months in (December, January) had a considerable decrease of 39 with regard to the prior two months. The price per sq.feet has had a considerable increase of 133 % 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 $570.5 to $757 during February, and March.
Based upon to the price in Hugo (cities), this has gone up in the last 6 months. The price in October is $472,777, rising in November till $501,873. During the following two months (December, January) the price has had an average incrementation from $487,325 to $518,073.5. 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 $502,699.25 and $489,730.5 between February and March.
The graph displaying the average price for bedrooms illustrates that those properties with 2 bedrooms are the cheapest ones. At a price of $481,458 they are 38 % more affordable than the average price for Hugo. The properties with the lowest average price have 4 bedrooms, Their price is 20 % cheaper than the average. After that we have properties with 1 bedroom priced at $376,825.
With regard to the average price per sq.feet , those properties with 2 bedrooms are the cheapest ones at a cost of $100 / sq.feet, with an average $1,286 / sq.feet price in Hugo. The properties with the lowest average prices have 3 bedrooms. They are 89 % cheaper than the average followed by properties with 1 bedroom with a price at $121 / sq.feet.
The graph displaying the average prices displays the property type "Office" as the most affordable one. At an cost of $481,458 it is 34 % cheaper than the average price in Hugo. "Condo" is seen as the second most affordable property type. The cheapest type property is "House" followed by "Condo". At a price of $352,797 it is 21 % more affordable than the average price.
According to the average cost per sq.feet, the cheapest property type is "Office" at an average cost of $88 / sq.feet followed by "Condo" priced at $117 / sq.feet. "House" is the cheapest type of property with a $123 / sq.feet value followed by "Condo" with an average price of $117 / sq.feet.
