Property prices for sale in Newfolden (Minnesota)
The prices in real estate in Newfolden, 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 Newfolden has had a strong decrease during the last 6 months. In November, the average price per sq.feet was $102. In December this price pretty much remained the same at a value of $101 per sq.feet. The price for the following two months in (January, February) had a considerable decrease of 48 with regard to the prior two months. The price per sq.feet has decreased 94 % 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 $75 to $70.5 during March, and April.
Based upon to the price in Newfolden (cities), this has fallen considerably in the last 6 months. The average price for November is $167,633. During December the price had a considerable reduction till $140,540. During the following two months (January, February) the average price had a considerable reduction of 46 % with regard to the previous two months. During the last two months the average price has had a strong fall compared to the previous four going from $112,530.75 to $78,816.5, which means a 70 % fall.
