The prices in real estate in Saint Peter, 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 Saint Peter has increased strongly during the last 6 months. In November, the average price per sq.feet was $151. In the following month the price per sq.feet decreased to $136. The price for the following two months in (January, February) had a considerable increment of 498 %. The price per sq.feet has had a considerable deflation of 35 % 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 $428.75 to $148 during March, and April.
Based upon to the price in Saint Peter (cities), these have remained the same in the last 6 months. In our first sample month during November, the average price is $336,479. In December This price remains at $328,874. During the following two months (January, February) the average price fell 90 % with regard to the previous two months. Based on an analysis of the first four prices and the last two months the average price has risen strongly 118 % during the last two months.
The graph displaying the average price for bedrooms illustrates that those properties with 4 bedrooms are the cheapest ones. At a price of $382,662 they are 42 % more affordable than the average price for Saint Peter. The properties with the lowest average price have 1 bedroom, Their price is 42 % cheaper than the average. After that we have properties with 4 bedrooms priced at $220,572.
With regard to the average price per sq.feet , those properties with 4 bedrooms are the cheapest ones at a cost of $33 / sq.feet, with an average $147 / sq.feet price in Saint Peter. The properties with the lowest average prices have 1 bedroom. They are 74 % cheaper than the average followed by properties with 4 bedrooms with a price at $33 / sq.feet.
With regard to the average price based upon the property in Saint Peter we can see that most expensive property type is "Townhouse" at a price of $469,415, they are 23 % more costly than the average price of (!PRECIO2!). "Townhouse" has the highest price. This price is 23 % more expensive than the average price aforementioned.
According to the average area price by sq.feet the most costly property type is "Townhouse with an average price of $42,972 / sq.feet. "Townhouse" at an average price of $42,972 / sq.feet has the most expensive price and would be directed at more affluent cities.