The prices in real estate in Maplewood, 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 Maplewood has increased strongly during the last 6 months. In May, the average price per sq.feet was $155. In the following month the price per sq.feet increased considerably to $1,074. The price for the following two months in (July, August) had a considerable decrease of 24 with regard to the prior two months. The price per sq.feet has had a considerable deflation of 40 % 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 $382.25 to $153 during September, and October.
Based upon to the price in Maplewood (cities), this has fallen considerably in the last 6 months. The average price for May is $358,825. During June the price had a considerable reduction till $296,950. During the following two months (July, August) the average price fell 87 % with regard to the previous two months. 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 $305,955.5 and $291,557 between September and October.
The graph displaying the average price for bedrooms illustrates that those properties with 2 bedrooms are the cheapest ones. At a price of $295,373 they are 48 % more affordable than the average price for Maplewood. The properties with the highest average price have 4 bedrooms, Their price is 48 % more costly than the average. After that we have properties with 1 bedroom priced at $208,867.
With regard to the average price per sq.feet , those properties with 1 bedroom are the cheapest ones at a cost of $122 / sq.feet, with an average $154 / sq.feet price in Maplewood. The properties with the highest average prices have 2 bedrooms. They are 428 % more expensive than the average followed by properties with 4 bedrooms with a price at $134 / sq.feet.
The graph displaying the average prices displays the property type "Townhouse" as the most affordable one. At an cost of $295,373 it is 48 % cheaper than the average price in Maplewood. "Commercial" is seen as the second most affordable property type. The cheapest type property is "House" followed by "Condo". At a price of $222,133 it is 0 % more affordable than the average price.
According to the average cost per sq.feet, the cheapest property type is "Condo" at an average cost of $145 / sq.feet followed by "House" priced at $153 / sq.feet. "Townhouse" is the most costly type of property with a $789 / sq.feet cost followed by "Commercial" with an average price of $728 / sq.feet.