Property prices for sale in Ramsey (Minnesota)
The prices in real estate in Ramsey, 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 Ramsey has increased strongly during the last 6 months. In October, the average price per sq.feet was $661. In the following month the price per sq.feet decreased considerably to $498. The price for the following two months in (December, January) had a considerable increment of 125 %. The price per sq.feet has had a considerable increase of 227 % 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 $653.25 to $1,484 during February, and March.
Based upon to the price in Ramsey (cities), these have remained the same in the last 6 months. The average price for October is $430,217. During November the price had a slight fall till $388,890. In the following two months the average price has remained the same with regard to the previous two months from $409,553.5 to $405,302.5. Based on an analysis of the first four prices and the last two months the average price has gone up 109 % during the last two months.
The graph displaying the average price for bedrooms illustrates that those properties with 2 bedrooms are the cheapest ones. At a price of $435,557 they are 52 % more affordable than the average price for Ramsey. The properties with the highest average price have 4 bedrooms, Their price is 17 % more costly than the average. After that we have properties with 1 bedroom priced at $322,178.
With regard to the average price per sq.feet , those properties with 2 bedrooms are the cheapest ones at a cost of $111 / sq.feet, with an average $2,224 / sq.feet price in Ramsey. The properties with the lowest average prices have 3 bedrooms. They are 63 % cheaper than the average followed by properties with 4 bedrooms with a price at $607 / sq.feet.
The graph displaying the average prices displays the property type "Townhouse" as the most affordable one. At an cost of $435,557 it is 18 % cheaper than the average price in Ramsey. "House" is seen as the second most affordable property type. The dearest property type is "Detached House" followed by "House". At a price of $415,878 it is 11 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "Detached House" at an average cost of $175 / sq.feet followed by "Townhouse" priced at $181 / sq.feet. "House" is the cheapest type of property with a $481 / sq.feet value followed by "Townhouse" with an average price of $181 / sq.feet.
