The prices in real estate in North Branch, 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 North Branch has increased during the last 6 months. In November, the average price per sq.feet was $233. In December this price pretty much remained the same at a value of $238 per sq.feet. In the following two months the price per sq.feet has increased 110 %, going from $235.5 to $258.5 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 $247 to $250 during March y April
Based upon to the price in North Branch (cities), this has gone up in the last 6 months. In our first sample month during November, the average price is $337,593. In December This price remains at $347,507. During the following two months (January, February) the price has had an average incrementation from $342,550 to $369,653.5. Based on an analysis of the first four prices and the last two months the average price has gone up 106 % during the last two months.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $371,085 they are 33 % more affordable than the average price for North Branch. The properties with the highest average price have 4 bedrooms, Their price is 24 % more costly than the average. After that we have properties with 3 bedrooms priced at $336,329.
With regard to the average price per sq.feet , those properties with 3 bedrooms are the cheapest ones at a cost of $116 / sq.feet, with an average $237 / sq.feet price in North Branch. The properties with the lowest average prices have 1 bedroom. They are 20 % cheaper than the average followed by properties with 2 bedrooms with a price at $142 / sq.feet.
The graph displaying the average prices displays the property type "Condo" as the most affordable one. At an cost of $371,085 it is 35 % cheaper than the average price in North Branch. "Multi Family House" is seen as the second most affordable property type. The cheapest type property is "Townhouse" followed by "House". At a price of $288,544 it is 4 % more affordable than the average price.
According to the average cost per sq.feet, the cheapest property type is "Townhouse" at an average cost of $75 / sq.feet followed by "Condo" priced at $106 / sq.feet. "House" is the cheapest type of property with a $134 / sq.feet value followed by "Multi Family House" with an average price of $126 / sq.feet.