The prices in real estate in Moose Lake, 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 Moose Lake has increased strongly during the last 6 months. In October, the average price per sq.feet was $578. In the following month the price per sq.feet increased considerably to $2,630. The price for the following two months in (December, January) had a considerable decrease of 76 with regard to the prior two months. The price per sq.feet has had a considerable increase of 198 % 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 $1,415.5 to $2,804 during February, and March.
Based upon to the price in Moose Lake (cities), this has gone up in the last 6 months. The average price for October is $314,358. During November the price had a considerable reduction till $231,695. During the following two months (December, January) the average price had a considerable increase of 150 % with regard to the previous two months. During the last two months, the average price has reduced with regard to the previous ones. To be precise it has gone down 90 %, going from $340,974.75 to $308,422 in February and March.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $280,927 they are 40 % more affordable than the average price for Moose Lake. Based on the bedrooms values, properties with the highest prices are those with 3 bedrooms. They are 92 % more expensive than the average aforementioned.
With regard to the average price per sq.feet , those properties with 2 bedrooms are the cheapest ones at a cost of $276 / sq.feet, with an average $4,727 / sq.feet price in Moose Lake. Properties with the most affordable price based upon to the number of bedrooms / sq.feet are those with 3 bedrooms. They are 91 % cheaper than the average value aforementioned.