Property prices for sale in Lakeville (Minnesota)

The prices in real estate in Lakeville, in the Minnesota region have had a minor rise in the last couple of months. The real estate prices for second hand homes have risen in this city.

$549,634.33
Average price last 6 months
$1,558.5
Price/sq.feet last 6 months
Average price per sq.feet

The price per sq.feet in Lakeville has increased during the last 6 months. In September, the average price per sq.feet was $1,404. In the following month the price per sq.feet increased considerably to $2,228. The price for the following two months in (November, December) had a considerable decrease of 85 with regard to the prior two months. The price per sq.feet has had a considerable deflation of 79 % 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 $1,678.75 to $1,318 during January, and February.

Average price

Based upon to the price in Lakeville (cities), these have remained the same in the last 6 months. In our first sample month during September, the average price is $560,578. In October This price remains at $535,321. In the following two months the average price has remained the same with regard to the previous two months from $547,949.5 to $556,068.5. During the last two months, the average price has pretty much remained the same with regard to the previous average values going from an average value of $552,009 and $544,885 between January and February.

Average price per bedrooms

The graph displaying the average price for bedrooms illustrates that those properties with 2 bedrooms are the cheapest ones. At a price of $531,848 they are 25 % more affordable than the average price for Lakeville. The properties with the highest average price have 4 bedrooms, Their price is 8 % more costly than the average. After that we have properties with 3 bedrooms priced at $466,075.

With regard to the average price per sq.feet , those properties with 4 bedrooms are the cheapest ones at a cost of $211 / sq.feet, with an average $837 / sq.feet price in Lakeville. The properties with the lowest average prices have 1 bedroom. They are 69 % cheaper than the average followed by properties with 2 bedrooms with a price at $246 / sq.feet.

Price per property type

The graph displaying the average prices displays the property type "Office" as the most affordable one. At an cost of $531,848 it is 29 % cheaper than the average price in Lakeville. "Detached House" is seen as the second most affordable property type. The dearest property type is "Apartment" followed by "House". At a price of $434,490 it is 11 % more expensive than the average price.

According to the average cost per sq.feet, the cheapest property type is "Office" at an average cost of $100 / sq.feet followed by "Duplex" priced at $103 / sq.feet. "House" is the cheapest type of property with a $217 / sq.feet value followed by "Apartment" with an average price of $204 / sq.feet.

Charts data
Average price February
Average price per sq.feet February
Number of properties used in Lakeville
Number of properties used in region Minnesota
$531,848
$837
8,378
372,984
** Graph's data with null or zero value are due to there isn't enough data available to get a reliable value
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