The prices in real estate in Little Falls, 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 Little Falls has increased strongly during the last 6 months. In October, the average price per sq.feet was $139. In November this price pretty much remained the same at a value of $133 per sq.feet. In the following two months the price per sq.feet has barely changed, going from $136 to $133.5 per sq.feet. The price per sq.feet has had a considerable increase of 1738 % 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 $134.75 to $2,341.5 during February, and March.
Based upon to the price in Little Falls (cities), this has gone downing the last 6 months. The average price for October is $305,781. During November the price had a slight fall till $267,554. In the following two months the average price has remained the same with regard to the previous two months from $286,667.5 to $292,175. 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 $289,421.25 and $299,334.5 between February and March.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $293,187 they are 64 % more affordable than the average price for Little Falls. The properties with the highest average price have 3 bedrooms, Their price is 8 % more costly than the average. After that we have properties with 4 bedrooms priced at $314,839.
With regard to the average price per sq.feet , those properties with 1 bedroom are the cheapest ones at a cost of $74 / sq.feet, with an average $2,764 / sq.feet price in Little Falls. The properties with the lowest average prices have 2 bedrooms. They are 91 % cheaper than the average followed by properties with 3 bedrooms with a price at $141 / sq.feet.
The graph displaying the average prices displays the property type "Land" as the most affordable one. At an cost of $293,187 it is 16 % cheaper than the average price in Little Falls. "House" is seen as the second most affordable property type. The dearest property type is "Commercial" followed by "House". At a price of $294,443 it is 42 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "Commercial" at an average cost of $68 / sq.feet followed by "House" priced at $130 / sq.feet. "Land" is the most costly type of property with a $129,258 / sq.feet cost followed by "House" with an average price of $130 / sq.feet.