Property prices for sale in New Ulm (Minnesota)
The prices in real estate in New Ulm, 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 Ulm has had a strong decrease during the last 6 months. In March, the average price per sq.feet was $146. In the following month the price per sq.feet decreased considerably to $119. In the following two months the price per sq.feet has barely changed, going from $132.5 to $126 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 $129.25 to $123.5 during July y August
Based upon to the price in New Ulm (cities), this has gone downing the last 6 months. The average price for March is $294,028. During April the price had a slight fall till $258,942. During the following two months (May, June) the average price fell 94 % with regard to the previous two months. During the last two months, the average price has pretty much remained the same with regard to the previous average values going from an average value of $267,602.5 and $264,022.5 between July and August.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $253,503 they are 15 % more affordable than the average price for New Ulm. The properties with the highest average price have 4 bedrooms, Their price is 19 % more costly than the average. After that we have properties with 3 bedrooms priced at $263,215.
With regard to the average price per sq.feet , those properties with 1 bedroom are the cheapest ones at a cost of $34 / sq.feet, with an average $128 / sq.feet price in New Ulm. The properties with the highest average prices have 3 bedrooms. They are 2 % more expensive than the average followed by properties with 4 bedrooms with a price at $122 / sq.feet.
The graph displaying the average prices displays the property type "Condo" as the most affordable one. At an cost of $253,503 it is 17 % cheaper than the average price in New Ulm. "House" is seen as the second most affordable property type. The dearest property type is "House" followed by "Condo". At a price of $211,607 it is 4 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "Condo" at an average cost of $14 / sq.feet followed by "House" priced at $116 / sq.feet. "House" is the cheapest type of property with a $116 / sq.feet value followed by "Condo" with an average price of $14 / sq.feet.
