Property prices for sale in International Falls (Minnesota)
The prices in real estate in International Falls, in the Minnesota region have had a strong rise in the last couple of months. The real estate prices for second hand homes have gone through a strong increase in this city.
The price per sq.feet in International Falls has increased strongly during the last 6 months. In October, the average price per sq.feet was $721. In November this price pretty much remained the same at a value of $749 per sq.feet. The price for the following two months in (December, January) had a considerable decrease of 37 with regard to the prior two months. The price per sq.feet has had a considerable increase of 609 % 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 $503.25 to $3,065.5 during February, and March.
Based upon to the price in International Falls (cities), this has gone downing the last 6 months. The average price for October is $343,932. During November the price had a slight fall till $299,588. During the following two months (December, January) the price has had an average incrementation from $321,760 to $346,268. During the last two months, the average price has reduced with regard to the previous ones. To be precise it has gone down 93 %, going from $334,014 to $309,565 in February and March.
The graph displaying the average price for bedrooms illustrates that those properties with 3 bedrooms are the most costly ones. At a price of $285,038 they are 2 % more expensive than the average price for International Falls. Following this ranking we find those properties with 1 at an average price of $402,000. The properties with the highest average price have 4 bedrooms, Their price is 54 % more costly than the average. After that we have properties with 2 bedrooms priced at $417,988.
With regard to the average price per sq.feet , those properties with 4 bedrooms are the cheapest ones at a cost of $134 / sq.feet, with an average $2,668 / sq.feet price in International Falls. The properties with the lowest average prices have 1 bedroom. They are 66 % cheaper than the average followed by properties with 2 bedrooms with a price at $425 / sq.feet.
The graph displaying the average prices displays the property type "Land" as the most affordable one. At an cost of $285,038 it is 53 % cheaper than the average price in International Falls. "House" is seen as the second most affordable property type. The dearest property type is "Commercial" followed by "House". At a price of $334,055 it is 358 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "Commercial" at an average cost of $132 / sq.feet followed by "House" priced at $281 / sq.feet. "Land" is the most costly type of property with a $70,525 / sq.feet cost followed by "House" with an average price of $281 / sq.feet.
