Property prices for sale in Nisswa (Minnesota)
The prices in real estate in Nisswa, in the Minnesota region have had a strong rise in the last couple of months. The real estate prices for second hand homes have gone through a strong increase in this city.
The price per sq.feet in Nisswa has increased strongly during the last 6 months. In October, the average price per sq.feet was $350. In November this price pretty much remained the same at a value of $344 per sq.feet. In the following two months the price per sq.feet has barely changed, going from $347 to $333 per sq.feet. The price per sq.feet has had a considerable increase of 155 % 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 $340 to $526.5 during February, and March.
Based upon to the price in Nisswa (cities), this has fallen considerably in the last 6 months. The average price for October is $842,894. During November the price had a considerable reduction till $691,419. During the following two months (December, January) the average price fell 91 % with regard to the previous two months. During the last two months, the average price has reduced with regard to the previous ones. To be precise it has gone down 95 %, going from $732,441.5 to $694,597 in 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 $735,258 they are 59 % more affordable than the average price for Nisswa. The properties with the lowest average price have 3 bedrooms, Their price is 6 % cheaper than the average. After that we have properties with 4 bedrooms priced at $592,971.
With regard to the average price per sq.feet , those properties with 2 bedrooms are the cheapest ones at a cost of $329 / sq.feet, with an average $700 / sq.feet price in Nisswa. The properties with the lowest average prices have 4 bedrooms. They are 37 % cheaper than the average followed by properties with 1 bedroom with a price at $373 / sq.feet.
The graph displaying the average prices displays the property type "Condo" as the most affordable one. At an cost of $735,258 it is 44 % cheaper than the average price in Nisswa. "Townhouse" is seen as the second most affordable property type. The dearest property type is "House" followed by "Townhouse". At a price of $489,570 it is 30 % 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 $215 / sq.feet followed by "Townhouse" priced at $296 / sq.feet. "House" is the cheapest type of property with a $420 / sq.feet value followed by "Townhouse" with an average price of $296 / sq.feet.
