The prices in real estate in Wadena, 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 Wadena has increased strongly during the last 6 months. In November, the average price per sq.feet was $132. In the following month the price per sq.feet decreased to $118. In the following two months the price per sq.feet has increased 108 %, going from $125 to $135 per sq.feet. The price per sq.feet has had a considerable increase of 547 % 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 $130 to $710.5 during March, and April.
Based upon to the price in Wadena (cities), this has gone up considerably in the last 6 months. The price in November is $213,442, rising in December till $227,958. During the following two months (January, February) the price has had an average incrementation from $220,700 to $252,119. Based on an analysis of the first four prices and the last two months the average price has gone up 110 % during the last two months.