Property prices for sale in Pine Island (Minnesota)
The prices in real estate in Pine Island, 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 Pine Island has increased strongly during the last 6 months. In October, the average price per sq.feet was $194. In the following month the price per sq.feet increased considerably to $6,528. The price for the following two months in (December, January) had a considerable increment of 289 %. The price per sq.feet has had a considerable increase of 480 % 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 $6,540 to $31,411.5 during February, and March.
Based upon to the price in Pine Island (cities), this has gone downing the last 6 months. The average price for October is $417,123. During November the price had a slight fall till $379,144. During the following two months (December, January) the price has had an average incrementation from $398,133.5 to $420,370. During the last two months the average price has had a strong fall compared to the previous four going from $409,251.75 to $333,298, which means a 81 % fall.
The graph showing the average price for bedrooms displays the property with the lowest price has 1 bedroom. It is 54 % cheaper than the average price of $147,809 in Pine Island. Based on the bedrooms values, properties with the lowest prices are those with 1 bedroom. They are 54 % more affordable than the average aforementioned.
With regard to the average prices per sq.feet those properties with 1 bedroom are 100 % cheaper than the average price of ($149 / sq.feet) in Pine Island. Properties with the most affordable price based upon to the number of bedrooms / sq.feet are those with 1 bedroom. They are 100 % cheaper than the average value aforementioned.
