The prices in real estate in Victoria, 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 Victoria has increased during the last 6 months. In October, the average price per sq.feet was $163. In November this price pretty much remained the same at a value of $166 per sq.feet. In the following two months the price per sq.feet has increased 107 %, going from $164.5 to $175.5 per sq.feet. The price per sq.feet has had a considerable increase of 115 % 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 $170 to $195.5 during February, and March.
Based upon to the price in Victoria (cities), these have remained the same in the last 6 months. The average price for October is $500,558. During November the price had a slight fall till $461,017. During the following two months (December, January) the average price fell 93 % 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 114 % during the last two months.
The graph displaying the average price for bedrooms illustrates that those properties with 3 bedrooms are the cheapest ones. At a price of $560,658 they are 38 % more affordable than the average price for Victoria. The properties with the lowest average price have 4 bedrooms, Their price is 12 % cheaper than the average. After that we have properties with 1 bedroom priced at $426,776.
With regard to the average price per sq.feet , those properties with 1 bedroom are the cheapest ones at a cost of $140 / sq.feet, with an average $193 / sq.feet price in Victoria. The properties with the lowest average prices have 2 bedrooms. They are 8 % cheaper than the average followed by properties with 3 bedrooms with a price at $143 / sq.feet.
The graph displaying the average prices displays the property type "House" as the most affordable one. At an cost of $560,658 it is 24 % cheaper than the average price in Victoria. "Townhouse" is seen as the second most affordable property type. The cheapest type property is "Townhouse" followed by "House". At a price of $427,707 it is 22 % more affordable than the average price.
According to the average cost per sq.feet, the cheapest property type is "Townhouse" at an average cost of $139 / sq.feet followed by "House" priced at $140 / sq.feet. "House" is the cheapest type of property with a $140 / sq.feet value followed by "Townhouse" with an average price of $139 / sq.feet.