The prices in real estate in Verndale, in the Minnesota region have had a minor fall in the last couple of months. The real estate prices for second hand homes have fallen in this city
The price per sq.feet in Verndale has fallen in the last 6 months. In November, the average price per sq.feet was $300. In the following month the price per sq.feet decreased considerably to $121. The price for the following two months in (January, February) had a considerable decrease of 55 with regard to the prior two months. The price per sq.feet has had a considerable increase of 290 % 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 $163 to $472.5 during March, and April.
Based upon to the price in Verndale (cities), this has fallen considerably in the last 6 months. The average price for November is $305,650. During December the price had a slight fall till $287,988. During the following two months (January, February) the average price had a considerable reduction of 78 % with regard to the previous two months. During the last two months, the average price has reduced with regard to the previous ones. To be precise it has gone down 88 %, going from $264,093.75 to $231,404 in March and April.