The prices in real estate in Waite Park, 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 Waite Park has increased strongly during the last 6 months. In November, the average price per sq.feet was $156. In the following month the price per sq.feet increased to $164. The price for the following two months in (January, February) had a considerable increment of 694 %. The price per sq.feet has had a considerable increase of 407 % 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 $635.5 to $2,585.5 during March, and April.
Based upon to the price in Waite Park (cities), this has gone up considerably in the last 6 months. The average price during our first sample month during November, is $242,963. During December the price went through a considerable rise reaching $307,700. During the following two months (January, February) the price has had an average incrementation from $275,331.5 to $309,928. During the last two months, the average price has pretty much remained the same with regard to the previous average values going from an average value of $292,629.75 and $294,680 between March and April.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $271,427 they are 62 % more affordable than the average price for Waite Park. Based on the bedrooms values, properties with the lowest prices are those with 2 bedrooms. They are 2 % more affordable than the average aforementioned.
With regard to the average price per sq.feet , those properties with 3 bedrooms are the cheapest ones at a cost of $134 / sq.feet, with an average $149 / sq.feet price in Waite Park. Properties with the most expensive price based upon to the number of bedrooms / sq.feet are those with 2 bedrooms. They are 23 % more costly than the average value aforementioned.