Property prices for sale in Jordan (Minnesota)
The prices in real estate in Jordan, 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 Jordan has increased strongly during the last 6 months. In November, the average price per sq.feet was $211. In December this price pretty much remained the same at a value of $209 per sq.feet. In the following two months the price per sq.feet has barely changed, going from $210 to $213.5 per sq.feet. The price per sq.feet has had a considerable increase of 821 % 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 $211.75 to $1,738.5 during March, and April.
Based upon to the price in Jordan (cities), this has gone up in the last 6 months. In our first sample month during November, the average price is $471,526. In December This price remains at $461,326. During the following two months (January, February) the price has had an average incrementation from $466,426 to $509,474.5. Based on an analysis of the first four prices and the last two months the average price has gone up 111 % during the last two months.
The graph displaying the average price for bedrooms illustrates that those properties with 4 bedrooms are the cheapest ones. At a price of $583,875 they are 44 % more affordable than the average price for Jordan. The properties with the lowest average price have 1 bedroom, Their price is 43 % cheaper than the average. After that we have properties with 2 bedrooms priced at $330,297.
With regard to the average price per sq.feet , those properties with 4 bedrooms are the cheapest ones at a cost of $106 / sq.feet, with an average $247 / sq.feet price in Jordan. The properties with the lowest average prices have 1 bedroom. They are 46 % cheaper than the average followed by properties with 2 bedrooms with a price at $121 / sq.feet.
The graph displaying the average prices displays the property type "Townhouse" as the most affordable one. At an cost of $583,875 it is 47 % cheaper than the average price in Jordan. "House" is seen as the second most affordable property type. The cheapest type property is "House" followed by "Townhouse". At a price of $312,313 it is 44 % more affordable than the average price.
According to the average cost per sq.feet, the cheapest property type is "Townhouse" at an average cost of $51 / sq.feet followed by "House" priced at $106 / sq.feet. "House" is the cheapest type of property with a $106 / sq.feet value followed by "Townhouse" with an average price of $51 / sq.feet.
