Property prices for sale in Zimmerman (Minnesota)
The prices in real estate in Zimmerman, 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 Zimmerman has increased strongly during the last 6 months. In October, the average price per sq.feet was $209. In the following month the price per sq.feet increased to $228. In the following two months the price per sq.feet has increased 108 %, going from $218.5 to $236 per sq.feet. The price per sq.feet has had a considerable increase of 284 % 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 $227.25 to $645 during February, and March.
Based upon to the price in Zimmerman (cities), this has gone up in the last 6 months. The price in October is $401,370, rising in November till $426,386. During the following two months (December, January) the price has had an average incrementation from $413,878 to $435,025. Based on an analysis of the first four prices and the last two months the average price has gone up 106 % 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 $450,516 they are 48 % more affordable than the average price for Zimmerman. The properties with the highest average price have 4 bedrooms, Their price is 16 % more costly than the average. After that we have properties with 3 bedrooms priced at $351,648.
With regard to the average price per sq.feet , those properties with 3 bedrooms are the cheapest ones at a cost of $146 / sq.feet, with an average $569 / sq.feet price in Zimmerman. The properties with the lowest average prices have 4 bedrooms. They are 66 % cheaper than the average followed by properties with 1 bedroom with a price at $159 / sq.feet.
The graph displaying the average prices displays the property type "House" as the most affordable one. At an cost of $450,516 it is 6 % cheaper than the average price in Zimmerman. "Detached House" is seen as the second most affordable property type. The dearest property type is "Land" followed by "Detached House". At a price of $537,427 it is 30 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "Detached House" at an average cost of $223 / sq.feet followed by "House" priced at $225 / sq.feet. "Land" is the most costly type of property with a $89,062 / sq.feet cost followed by "House" with an average price of $225 / sq.feet.
