Property prices for sale in New Ulm (Minnesota)
The prices in real estate in New Ulm, 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 Ulm has increased during the last 6 months. In October, the average price per sq.feet was $122. In November this price pretty much remained the same at a value of $124 per sq.feet. In the following two months the price per sq.feet has increased 112 %, going from $123 to $137.5 per sq.feet. The price per sq.feet has increased 107 % 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 $130.25 to $140 during February, and March.
Based upon to the price in New Ulm (cities), this has gone downing the last 6 months. In our first sample month during October, the average price is $294,116. In November This price remains at $292,928. During the following two months (December, January) the average price fell 89 % 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 $276,897.75 and $284,685 between 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 $294,028 they are 27 % more affordable than the average price for New Ulm. The properties with the highest average price have 4 bedrooms, Their price is 3 % more costly than the average. After that we have properties with 3 bedrooms priced at $264,538.
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 $146 / sq.feet price in New Ulm. The properties with the lowest average prices have 3 bedrooms. They are 8 % cheaper than the average followed by properties with 4 bedrooms with a price at $127 / sq.feet.
The graph displaying the average prices displays the property type "Condo" as the most affordable one. At an cost of $294,028 it is 28 % cheaper than the average price in New Ulm. "House" is seen as the second most affordable property type. The cheapest type property is "House" followed by "Condo". At a price of $212,671 it is 10 % more affordable than the average price.
According to the average cost per sq.feet, the cheapest property type is "Condo" at an average cost of $19 / sq.feet followed by "House" priced at $121 / sq.feet. "House" is the cheapest type of property with a $121 / sq.feet value followed by "Condo" with an average price of $19 / sq.feet.
