The prices in real estate in Shafer, 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 Shafer has increased strongly during the last 6 months. In November, the average price per sq.feet was $1,320. In the following month the price per sq.feet decreased considerably to $286. The price for the following two months in (January, February) had a considerable decrease of 74 with regard to the prior two months. The price per sq.feet has had a considerable increase of 1175 % 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 $698.5 to $8,209 during March, and April.
Based upon to the price in Shafer (cities), this has gone up in the last 6 months. The average price during our first sample month during November, is $475,933. During December the price went through a considerable rise reaching $629,700. During the following two months (January, February) the average price fell 95 % 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 $538,601 to $410,877, which means a 76 % fall.