Property prices for sale in Richfield (Minnesota)
The prices in real estate in Richfield, in the Minnesota region have had a minor rise in the last couple of months. The real estate prices for second hand homes have risen in this city.
The price per sq.feet in Richfield has increased during the last 6 months. In October, the average price per sq.feet was $214. In November this price pretty much remained the same at a value of $211 per sq.feet. In the following two months the price per sq.feet has increased 108 %, going from $212.5 to $230 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 $221.25 to $227.5 during February y March
Based upon to the price in Richfield (cities), these have remained the same in the last 6 months. The average price for October is $365,428. During November the price had a slight fall till $346,435. In the following two months the average price has remained the same with regard to the previous two months from $355,931.5 to $345,803.5. Based on an analysis of the first four prices and the last two months the average price has gone up 105 % during the last two months.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $364,123 they are 52 % more affordable than the average price for Richfield. The properties with the highest average price have 4 bedrooms, Their price is 9 % more costly than the average. After that we have properties with 3 bedrooms priced at $389,037.
With regard to the average price per sq.feet , those properties with 1 bedroom are the cheapest ones at a cost of $210 / sq.feet, with an average $220 / sq.feet price in Richfield. The properties with the highest average prices have 2 bedrooms. They are 11 % more expensive than the average followed by properties with 3 bedrooms with a price at $241 / sq.feet.
The graph displaying the average prices displays the property type "Condo" as the most affordable one. At an cost of $364,123 it is 24 % cheaper than the average price in Richfield. "House" is seen as the second most affordable property type. The dearest property type is "Townhouse" followed by "House". At a price of $388,259 it is 40 % 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 $215 / sq.feet followed by "Condo" priced at $242 / sq.feet. "Townhouse" is the most costly type of property with a $322 / sq.feet cost followed by "Condo" with an average price of $242 / sq.feet.
