The prices in real estate in Pipestone, in the Minnesota region have remained the same in the last couple of months. The real estate prices for second hand homes have remained in this city.
The price per sq.feet in Pipestone has remained the same in the last 6 months. In October, the average price per sq.feet was $113. In the following month the price per sq.feet increased to $120. In the following two months the price per sq.feet has barely changed, going from $116.5 to $118 per sq.feet. 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 $117.25 to $110 during February, and March.
Based upon to the price in Pipestone (cities), this has gone downing the last 6 months. In our first sample month during October, the average price is $202,403. In November This price remains at $212,221. During the following two months (December, January) the average price fell 88 % 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 88 %, going from $195,093 to $170,773 in February and March.