Property prices for sale in Saint Michael (Minnesota)
The prices in real estate in Saint Michael, 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 Saint Michael has increased during the last 6 months. In October, the average price per sq.feet was $1,100. In the following month the price per sq.feet decreased considerably to $886. The price for the following two months in (December, January) had a considerable decrease of 78 with regard to the prior two months. The price per sq.feet has had a considerable increase of 214 % 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 $882.5 to $1,884.5 during February, and March.
Based upon to the price in Saint Michael (cities), these have remained the same in the last 6 months. In our first sample month during October, the average price is $448,553. In November This price remains at $454,049. In the following two months the average price has remained the same with regard to the previous two months from $451,301 to $455,186.5. 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 $453,243.75 and $451,734 between February and March.
The graph displaying the average price for bedrooms illustrates that those properties with 2 bedrooms are the cheapest ones. At a price of $459,358 they are 30 % more affordable than the average price for Saint Michael. The properties with the lowest average price have 1 bedroom, Their price is 19 % cheaper than the average. After that we have properties with 3 bedrooms priced at $370,642.
With regard to the average price per sq.feet , those properties with 4 bedrooms are the cheapest ones at a cost of $101 / sq.feet, with an average $2,675 / sq.feet price in Saint Michael. The properties with the lowest average prices have 2 bedrooms. They are 95 % cheaper than the average followed by properties with 1 bedroom with a price at $108 / sq.feet.
The graph displaying the average prices displays the property type "Commercial Property" as the most affordable one. At an cost of $459,358 it is 25 % cheaper than the average price in Saint Michael. "Apartment" is seen as the second most affordable property type. The cheapest type property is "Apartment" followed by "Commercial Property". At a price of $344,640 it is 20 % more affordable than the average price.
According to the average cost per sq.feet, the cheapest property type is "Commercial Property" at an average cost of $70 / sq.feet followed by "Apartment" priced at $101 / sq.feet. "Apartment" is the cheapest type of property with a $101 / sq.feet value followed by "Commercial Property" with an average price of $70 / sq.feet.
