The prices in real estate in Maplewood, 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 Maplewood has had a strong decrease during the last 6 months. In June, the average price per sq.feet was $726. In the following month the price per sq.feet increased considerably to $1,552. The price for the following two months in (August, September) had a considerable decrease of 14 with regard to the prior two months. The price per sq.feet has had a considerable deflation of 23 % 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 $646.5 to $146 during October, and November.
Based upon to the price in Maplewood (cities), these have remained the same in the last 6 months. In our first sample month during June, the average price is $195,452. In July This price remains at $204,037. In the following two months the average price has remained the same with regard to the previous two months from $199,744.5 to $201,998.5. 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 $200,871.5 and $206,613 between October and November.
The graph showing the average price for bedrooms displays the property with the lowest price has 1 bedroom. It is 10 % cheaper than the average price of $183,252 in Maplewood. Based on the bedrooms values, properties with the lowest prices are those with 1 bedroom. They are 10 % more affordable than the average aforementioned.
With regard to the average prices per sq.feet those properties with 1 bedroom are 427 % more costly than the average price of ($749 / sq.feet) in Maplewood. Properties with the most expensive price based upon to the number of bedrooms / sq.feet are those with 1 bedroom. They are 427 % more costly than the average value aforementioned.
The graph displaying the average prices displays the property type "Townhouse" as the most affordable one. At an cost of $204,688 it is 24 % cheaper than the average price in Maplewood. "Commercial" is seen as the second most affordable property type. The cheapest type property is "Apartment" followed by "Commercial". At a price of $181,423 it is 10 % more affordable than the average price.
According to the average cost per sq.feet, the most expensive property type would be "Commercial" at an average cost of $739 / sq.feet followed by "Apartment" priced at $749 / sq.feet. "Townhouse" is the most costly type of property with a $800 / sq.feet cost followed by "Apartment" with an average price of $749 / sq.feet.