Property prices for sale in Soudan (Minnesota)
The prices in real estate in Soudan, in the Minnesota region have had a strong fall in the last couple of months. The real estate prices for second hand homes have gone through a strong fall in this city.
The price per sq.feet in Soudan has had a strong decrease during the last 6 months. In November, the average price per sq.feet was $13,409. In the following month the price per sq.feet decreased to $11,503. The price for the following two months in (January, February) had a considerable decrease of 1 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 $6,269.5 to $99 during March, and April.
Based upon to the price in Soudan (cities), these have remained the same in the last 6 months. The average price for November is $128,300. During December the price had a considerable reduction till $108,957. During the following two months (January, February) the average price had a considerable increase of 116 % 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 gone up 107 % during the last two months.
