The prices in real estate in Willmar, 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 Willmar has increased during the last 6 months. In December, the average price per sq.feet was $89. In the following month the price per sq.feet increased to $94. In the following two months the price per sq.feet has barely changed, going from $91.5 to $89 per sq.feet. The price per sq.feet has increased 111 % 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 $90.25 to $100 during April, and May.
Based upon to the price in Willmar (cities), these have remained the same in the last 6 months. The price in December is $174,709, rising in January till $189,879. In the following two months the average price has remained the same with regard to the previous two months from $182,294 to $174,904.5. 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 $178,599.25 and $186,631 between April and May.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $191,288 they are 13 % more affordable than the average price for Willmar. The properties with the highest average price have 4 bedrooms, Their price is 78 % more costly than the average. After that we have properties with 3 bedrooms priced at $281,933.
With regard to the average price per sq.feet , those properties with 1 bedroom are the cheapest ones at a cost of $61 / sq.feet, with an average $102 / sq.feet price in Willmar. The properties with the highest average prices have 3 bedrooms. They are 3 % more expensive than the average followed by properties with 4 bedrooms with a price at $91 / sq.feet.
The graph displaying the average prices displays the property type "Condo" as the most affordable one. At an cost of $191,288 it is 31 % cheaper than the average price in Willmar. "Land" is seen as the second most affordable property type. The dearest property type is "House" followed by "Land". At a price of $163,276 it is 40 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "Land" at an average cost of $46 / sq.feet followed by "House" priced at $100 / sq.feet. "Condo" is the most costly type of property with a $112 / sq.feet cost followed by "House" with an average price of $100 / sq.feet.