The prices in real estate in Lake Elmo, in the Minnesota region have remained the same in the last couple of months. The real estate prices for second hand homes have remained in this city.
The price per sq.feet in Lake Elmo has remained the same in the last 6 months. In November, the average price per sq.feet was $210. In December this price pretty much remained the same at a value of $211 per sq.feet. In the following two months the price per sq.feet has barely changed, going from $210.5 to $220.5 per sq.feet. The price per sq.feet has barely changed in the last two months compared to the average price of the previous four months going from an average price of $215.5 to $211 during March y April
Based upon to the price in Lake Elmo (cities), these have remained the same in the last 6 months. In our first sample month during November, the average price is $542,170. In December This price remains at $533,613. In the following two months the average price has remained the same with regard to the previous two months from $537,891.5 to $556,233. Based on an analysis of the first four prices and the last two months the average price has gone up 105 % during the last two months.
The graph displaying the average price for bedrooms illustrates that those properties with 3 bedrooms are the cheapest ones. At a price of $587,773 they are 15 % more affordable than the average price for Lake Elmo. The properties with the highest average price have 1 bedroom, Their price is 15 % more costly than the average. After that we have properties with 4 bedrooms priced at $516,937.
With regard to the average price per sq.feet , those properties with 4 bedrooms are the cheapest ones at a cost of $184 / sq.feet, with an average $205 / sq.feet price in Lake Elmo. The properties with the highest average prices have 1 bedroom. They are 82 % more expensive than the average followed by properties with 2 bedrooms with a price at $280 / sq.feet.
With regard to the average price based upon the property in Lake Elmo we can see that the cheapest property type is "House" at a price of $509,656, they are 13 % more affordable than the average price of (!PRECIO2!). "House" has the lowest price. This price is 13 % more affordable than the average price aforementioned.
According to the average area price by sq.feet the most costly property type is "House with an average price of $207 / sq.feet. "House" at an average price of $207 / sq.feet has the most expensive price and would be directed at more affluent cities.