The prices in real estate in Outing, 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 Outing has increased strongly during the last 6 months. In October, the average price per sq.feet was $425. In the following month the price per sq.feet increased considerably to $504. The price for the following two months in (December, January) had a considerable increment of 224 %. The price per sq.feet has had a considerable increase of 1912 % 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 $751.75 to $14,374.5 during February, and March.
Based upon to the price in Outing (cities), this has fallen considerably in the last 6 months. In our first sample month during October, the average price is $381,220. In November This price remains at $372,413. During the following two months (December, January) the average price had a considerable reduction of 59 % with regard to the previous two months. Based on an analysis of the first four prices and the last two months the average price has gone up 108 % during the last two months.