Property prices for sale in Madelia (Minnesota)
The prices in real estate in Madelia, 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 Madelia has increased strongly during the last 6 months. In November, the average price per sq.feet was $125. In the following month the price per sq.feet increased to $133. The price for the following two months in (January, February) had a considerable increment of 122 %. The price per sq.feet has increased 109 % 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 $143.5 to $156.5 during March, and April.
Based upon to the price in Madelia (cities), these have remained the same in the last 6 months. In our first sample month during November, the average price is $290,504. In December This price remains at $282,519. In the following two months the average price has remained the same with regard to the previous two months from $286,511.5 to $290,154. Based on an analysis of the first four prices and the last two months the average price has gone up 114 % during the last two months.
