The prices in real estate in Sabin, 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 Sabin has increased strongly during the last 6 months. In November, the average price per sq.feet was $69. In the following month the price per sq.feet increased considerably to $6,318. The price for the following two months in (January, February) had a considerable decrease of 80 with regard to the prior two months. The price per sq.feet has had a considerable deflation of 2 % 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 $2,879.75 to $57 during March, and April.
Based upon to the price in Sabin (cities), this has gone downing the last 6 months. The average price during our first sample month during November, is $154,900. During December the price went through a considerable rise reaching $178,675. During the following two months (January, February) the average price fell 87 % with regard to the previous two months. During the last two months the average price has had a strong fall compared to the previous four going from $155,583.75 to $116,814.5, which means a 75 % fall.