Property prices for sale in New Germany (Minnesota)
The prices in real estate in New Germany, 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 New Germany has had a strong decrease during the last 6 months. In November, the average price per sq.feet was $19,085. In the following month the price per sq.feet decreased considerably to . The price for the following two months in (January, February) decreased 86 % with regard to the prior two months. The price per sq.feet has had a considerable increase of 220 % 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 $8,877.75 to $19,539.5 during March, and April.
Based upon to the price in New Germany (cities), this has fallen considerably in the last 6 months. The average price for November is $275,980. During December the price had a considerable reduction till . In the following two months the average price has remained the same with regard to the previous two months from $137,990 to $133,106.5. Based on an analysis of the first four prices and the last two months the average price has risen strongly 162 % during the last two months.
