Property prices for sale in Merrifield (Minnesota)
The prices in real estate in Merrifield, 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 Merrifield has increased strongly during the last 6 months. In October, the average price per sq.feet was $477. In the following month the price per sq.feet increased considerably to $12,220. The price for the following two months in (December, January) had a considerable decrease of 27 with regard to the prior two months. The price per sq.feet has had a considerable deflation of 16 % 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 $4,035.75 to $643 during February, and March.
Based upon to the price in Merrifield (cities), this has gone up in the last 6 months. The average price for October is $448,160. During November the price had a slight fall till $403,665. During the following two months (December, January) the average price had a considerable increase of 121 % with regard to the previous two months. Based on an analysis of the first four prices and the last two months the average price has gone up 112 % during the last two months.
