Property prices for sale in Lake Benton (Minnesota)
The prices in real estate in Lake Benton, 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 Lake Benton has fallen in the last 6 months. In November, the average price per sq.feet was $87. In the following month the price per sq.feet increased to $93. In the following two months the price per sq.feet has increased 105 %, going from $90 to $94.5 per sq.feet. The price per sq.feet has had a considerable deflation of 49 % 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 $92.25 to $45 during March, and April.
Based upon to the price in Lake Benton (cities), this has fallen considerably in the last 6 months. In our first sample month during November, the average price is $134,400. In December This price remains at $139,333. During the following two months (January, February) the average price fell 91 % 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 $130,777 to $68,333.5, which means a 52 % fall.
