The prices in real estate in Woodbury, 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 Woodbury has increased strongly during the last 6 months. In January, the average price per sq.feet was $174. In February this price pretty much remained the same at a value of $177 per sq.feet. In the following two months the price per sq.feet has barely changed, going from $175.5 to $181.5 per sq.feet. The price per sq.feet has had a considerable increase of 1198 % 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 $178.5 to $2,138.5 during May, and June.
Based upon to the price in Woodbury (cities), this has gone up in the last 6 months. In our first sample month during January, the average price is $411,194. In February This price remains at $425,389. In the following two months the average price has remained the same with regard to the previous two months from $418,291.5 to $428,024.5. 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 $423,158 and $441,461.5 between May and June.
The graph displaying the average price for bedrooms illustrates that those properties with 3 bedrooms are the cheapest ones. At a price of $469,353 they are 11 % more affordable than the average price for Woodbury. The properties with the lowest average price have 1 bedroom, Their price is 10 % cheaper than the average. After that we have properties with 3 bedrooms priced at $418,091.
With regard to the average price per sq.feet , those properties with 3 bedrooms are the cheapest ones at a cost of $166 / sq.feet, with an average $4,089 / sq.feet price in Woodbury. The properties with the lowest average prices have 1 bedroom. They are 96 % cheaper than the average followed by properties with 3 bedrooms with a price at $166 / sq.feet.
The graph displaying the average prices displays the property type "Townhouse" as the most affordable one. At an cost of $469,353 it is 13 % cheaper than the average price in Woodbury. "Apartment" is seen as the second most affordable property type. The cheapest type property is "Apartment" followed by "Townhouse". At a price of $407,101 it is 11 % 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 $150 / sq.feet followed by "Apartment" priced at $166 / sq.feet. "Apartment" is the cheapest type of property with a $166 / sq.feet value followed by "Townhouse" with an average price of $150 / sq.feet.