The prices in real estate in Laporte, in the Minnesota region have had a strong fall in the last couple of months. The real estate prices for second hand homes have gone through a strong fall in this city.
The price per sq.feet in Laporte has had a strong decrease during the last 6 months. In November, the average price per sq.feet was $548. In the following month the price per sq.feet decreased considerably to $199. The price for the following two months in (January, February) had a considerable decrease of 53 with regard to the prior two months. The price per sq.feet has had a considerable deflation of 78 % 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 $285.75 to $223 during March, and April.
Based upon to the price in Laporte (cities), this has gone up in the last 6 months. The price in November is $420,104, rising in December till $476,710. In the following two months the average price has remained the same with regard to the previous two months from $448,407 to $436,274. 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 $442,340.5 and $438,164 between March and April.