The prices in real estate in Red Wing, 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 Red Wing has remained the same in the last 6 months. In July, the average price per sq.feet was $137. In August this price pretty much remained the same at a value of $132 per sq.feet. In the following two months the price per sq.feet has increased 107 %, going from $134.5 to $143.5 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 $139 to $144 during November y December
Based upon to the price in Red Wing (cities), this has gone up considerably in the last 6 months. The price in July is $246,364, rising in August till $274,890. During the following two months (September, October) the price has had an average incrementation from $260,627 to $296,229. During the last two months, the average price has pretty much remained the same with regard to the previous average values going from an average value of $278,428 and $277,639.5 between November and December.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $271,691 they are 13 % more affordable than the average price for Red Wing. The properties with the highest average price have 2 bedrooms, Their price is 67 % more costly than the average. After that we have properties with 3 bedrooms priced at $450,924.
With regard to the average price per sq.feet , those properties with 4 bedrooms are the cheapest ones at a cost of $98 / sq.feet, with an average $150 / sq.feet price in Red Wing. The properties with the highest average prices have 2 bedrooms. They are 540 % more expensive than the average followed by properties with 3 bedrooms with a price at $956 / sq.feet.
The graph displaying the average prices displays the property type "House" as the most costly one. At an cost of $271,691 it is 1 % more expensive than the average price in Red Wing. "Condo" is seen as the second dearest property type. The dearest property type is "Office" followed by "Condo". At a price of $301,339 it is 64 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "House" at an average cost of $119 / sq.feet followed by "Condo" priced at $165 / sq.feet. "Office" is the most costly type of property with a $947 / sq.feet cost followed by "Condo" with an average price of $165 / sq.feet.