Property prices for sale in Montgomery (Minnesota)
The prices in real estate in Montgomery, in the Minnesota region have had a minor rise in the last couple of months. The real estate prices for second hand homes have risen in this city.
The price per sq.feet in Montgomery has increased during the last 6 months. In October, the average price per sq.feet was $236. In the following month the price per sq.feet increased considerably to $351. The price for the following two months in (December, January) had a considerable decrease of 79 with regard to the prior two months. The price per sq.feet has decreased 90 % 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 $262 to $237 during February, and March.
Based upon to the price in Montgomery (cities), this has gone downing the last 6 months. The average price for October is $365,261. During November the price had a slight fall till $330,958. In the following two months the average price has remained the same with regard to the previous two months from $348,109.5 to $340,981. During the last two months, the average price has reduced with regard to the previous ones. To be precise it has gone down 94 %, going from $344,545.25 to $324,869 in February and March.
The graph displaying the average price for bedrooms illustrates that those properties with 2 bedrooms are the cheapest ones. At a price of $306,791 they are 38 % more affordable than the average price for Montgomery. The properties with the lowest average price have 1 bedroom, Their price is 38 % cheaper than the average. After that we have properties with 2 bedrooms priced at $189,627.
With regard to the average price per sq.feet , those properties with 2 bedrooms are the cheapest ones at a cost of $40 / sq.feet, with an average $232 / sq.feet price in Montgomery. The properties with the lowest average prices have 1 bedroom. They are 81 % cheaper than the average followed by properties with 2 bedrooms with a price at $40 / sq.feet.
The graph displaying the average prices displays the property type "House" as the most affordable one. At an cost of $306,791 it is 49 % cheaper than the average price in Montgomery. "Apartment" is seen as the second most affordable property type. The cheapest type property is "Apartment" followed by "House". At a price of $155,287 it is 38 % more affordable than the average price.
According to the average cost per sq.feet, the cheapest property type is "Apartment" at an average cost of $40 / sq.feet followed by "House" priced at $44 / sq.feet. "House" is the cheapest type of property with a $44 / sq.feet value followed by "Apartment" with an average price of $40 / sq.feet.
