The prices in real estate in Rosemount, 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 Rosemount has increased strongly during the last 6 months. In October, the average price per sq.feet was $199. In November this price pretty much remained the same at a value of $205 per sq.feet. In the following two months the price per sq.feet has barely changed, going from $202 to $211.5 per sq.feet. The price per sq.feet has had a considerable increase of 318 % 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 $206.75 to $657.5 during February, and March.
Based upon to the price in Rosemount (cities), these have remained the same in the last 6 months. The average price for October is $465,135. During November the price had a slight fall till $436,929. In the following two months the average price has remained the same with regard to the previous two months from $451,032 to $455,995. 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 $453,513.5 and $450,912 between February and March.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $437,696 they are 39 % more affordable than the average price for Rosemount. 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 3 bedrooms priced at $412,751.
With regard to the average price per sq.feet , those properties with 4 bedrooms are the cheapest ones at a cost of $201 / sq.feet, with an average $1,098 / sq.feet price in Rosemount. The properties with the lowest average prices have 1 bedroom. They are 80 % cheaper than the average followed by properties with 2 bedrooms with a price at $216 / sq.feet.
The graph displaying the average prices displays the property type "Land" as the most affordable one. At an cost of $437,696 it is 63 % cheaper than the average price in Rosemount. "Apartment" is seen as the second most affordable property type. The dearest property type is "House" followed by "Detached House". At a price of $486,701 it is 12 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "Apartment" at an average cost of $186 / sq.feet followed by "Townhouse" priced at $195 / sq.feet. "Land" is the most costly type of property with a $26,898 / sq.feet cost followed by "House" with an average price of $206 / sq.feet.