Property prices for sale in Nevis (Minnesota)
The prices in real estate in Nevis, 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 Nevis has had a strong decrease during the last 6 months. In October, the average price per sq.feet was $1,577. In the following month the price per sq.feet increased considerably to $1,844. The price for the following two months in (December, January) had a considerable decrease of 17 with regard to the prior two months. The price per sq.feet has had a considerable increase of 153 % 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 $999 to $1,526.5 during February, and March.
Based upon to the price in Nevis (cities), this has gone up in the last 6 months. The average price for October is $423,857. During November the price had a slight fall till $393,453. During the following two months (December, January) the price has had an average incrementation from $408,655 to $464,384.5. Based on an analysis of the first four prices and the last two months the average price has risen strongly 122 % during the last two months.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $529,694 they are 58 % more affordable than the average price for Nevis. The properties with the highest average price have 4 bedrooms, Their price is 113 % more costly than the average. After that we have properties with 3 bedrooms priced at $594,700.
With regard to the average price per sq.feet , those properties with 3 bedrooms are the cheapest ones at a cost of $238 / sq.feet, with an average $2,023 / sq.feet price in Nevis. The properties with the lowest average prices have 2 bedrooms. They are 81 % cheaper than the average followed by properties with 1 bedroom with a price at $365 / sq.feet.
The graph displaying the average prices displays the property type "Land" as the most affordable one. At an cost of $529,694 it is 86 % cheaper than the average price in Nevis. "House" is seen as the second most affordable property type. The dearest property type is "House" followed by "Land". At a price of $71,933 it is 13 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "House" at an average cost of $332 / sq.feet followed by "Land" priced at $27,103 / sq.feet. "Land" is the most costly type of property with a $27,103 / sq.feet cost followed by "House" with an average price of $332 / sq.feet.
