The prices in real estate in White Bear Lake, 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 White Bear Lake has increased during the last 6 months. In February, the average price per sq.feet was $171. In March 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 111 %, going from $168.5 to $186.5 per sq.feet. The price per sq.feet has increased 106 % 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 $177.5 to $187.5 during June, and July.
Based upon to the price in White Bear Lake (cities), this has gone up considerably in the last 6 months. The average price during our first sample month during February, is $264,213. During March the price went through a considerable rise reaching $304,754. During the following two months (April, May) the price has had an average incrementation from $284,483.5 to $324,807. Based on an analysis of the first four prices and the last two months the average price has gone up 108 % during the last two months.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $321,842 they are 26 % more affordable than the average price for White Bear Lake. The properties with the highest average price have 4 bedrooms, Their price is 59 % more costly than the average. After that we have properties with 3 bedrooms priced at $392,144.
With regard to the average price per sq.feet , those properties with 4 bedrooms are the cheapest ones at a cost of $151 / sq.feet, with an average $184 / sq.feet price in White Bear Lake. The properties with the lowest average prices have 1 bedroom. They are 1 % cheaper than the average followed by properties with 2 bedrooms with a price at $166 / sq.feet.
With regard to the average price based upon the property in White Bear Lake we can see that most expensive property type is "Apartment" at a price of $824,847, they are 156 % more costly than the average price of (!PRECIO2!). "Apartment" has the highest price. This price is 156 % more expensive than the average price aforementioned.
According to the average area price by sq.feet the most costly property type is "Apartment with an average price of $291 / sq.feet. "Apartment" at an average price of $291 / sq.feet has the most expensive price and would be directed at more affluent cities.