The prices in real estate in Lake Crystal, 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 Lake Crystal has increased strongly during the last 6 months. In October, the average price per sq.feet was $133. In the following month the price per sq.feet increased to $146. In the following two months the price per sq.feet has increased 106 %, going from $139.5 to $147.5 per sq.feet. The price per sq.feet has had a considerable increase of 12843 % 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 $143.5 to $18,429 during February, and March.
Based upon to the price in Lake Crystal (cities), this has fallen considerably in the last 6 months. In our first sample month during October, the average price is $298,634. In November This price remains at $283,806. During the following two months (December, January) the average price fell 90 % 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 $276,458 to $223,902.5, which means a 81 % fall.
The graph showing the average price for bedrooms displays the property with the lowest price has 1 bedroom. It is 63 % cheaper than the average price of $78,861 in Lake Crystal. Based on the bedrooms values, properties with the lowest prices are those with 1 bedroom. They are 63 % more affordable than the average aforementioned.
With regard to the average prices per sq.feet those properties with 1 bedroom are 16 % cheaper than the average price of ($112 / sq.feet) in Lake Crystal. Properties with the most affordable price based upon to the number of bedrooms / sq.feet are those with 1 bedroom. They are 16 % cheaper than the average value aforementioned.