The prices in real estate in Lanesboro, 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 Lanesboro has increased strongly during the last 6 months. In November, the average price per sq.feet was $151. In the following month the price per sq.feet increased to $164. The price for the following two months in (January, February) had a considerable increment of 246 %. The price per sq.feet has had a considerable deflation of 69 % 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 $272.75 to $188.5 during March, and April.
Based upon to the price in Lanesboro (cities), this has gone up considerably in the last 6 months. The price in November is $424,017, rising in December till $462,559. During the following two months (January, February) the average price had a considerable increase of 174 % 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 $606,730 to $515,423.5, which means a 85 % fall.