The prices in real estate in New Richland, 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 New Richland has increased during the last 6 months. In November, the average price per sq.feet was $149. In the following month the price per sq.feet increased to $157. In the following two months the price per sq.feet has increased 107 %, going from $153 to $163 per sq.feet. The price per sq.feet has barely changed in the last two months compared to the average price of the previous four months going from an average price of $158 to $165.5 during March y April
Based upon to the price in New Richland (cities), this has gone up considerably in the last 6 months. In our first sample month during November, the average price is $272,153. In December This price remains at $269,117. During the following two months (January, February) the average price had a considerable increase of 123 % 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 111 % during the last two months.