Property prices for sale in Minnesota region
The average price in the Minnesota region has had a slight decrease in recent months. There has been a deflation in the prices in this region.
The price per sq.feet in Minnesota has risen in the last 6 months. During October, the average price per sq.feet was $219. The following month the price decreased to $204 per sq.feet. The price per sq.feet for the following two months practically stayed the same, going from $211.5 to $204.5 per sq.feet. In the last two months, the price has stayed the same with regard to the average value for the last 4 months going from an average price per sq.feet of $208 to $211.5 during February and March.
Based upon to the price in Minnesota (region), this has decreased in the last 6 months. October has an average price of $464,892. During November the price had a slight deflation till $423,039. The average price for the following two months (December, January) decreased 87 % compared to the prior two. During the last two months the price has risen 105 % compared to the previous average values going from $414,849.75 a $436,728.5 in February and March.
The graph displaying the the average price per number of bedrooms shows that those with 1 bedroom are the cheapest ones. They are 56 % more affordable than the average price in Minnesota followed by those with 2 with an average price of $305,346. The most costly properties have 4 bedrooms. They are 7 % more expensive than the average followed by those properties with 3 bedrooms priced at $369,639.
Based on the average price per sq.feet those properties with 3 bedrooms are the cheapest ones with a price of $211 / sq.feet being $219 / sq.feet the average value within the Minnesota region. The properties with the most expensive average price are those with 4 bedrooms. These are 348 % more costly than the average followed by those with 1 bedroom with a price of $261 / sq.feet.
The graph displaying the average price according to the property type shows "Land" as the cheapest one. With an average cost of $431,207 it is 45 % more affordable than the average in Minnesota. This is followed by "Apartment" with a price of $314,796. The dearest property type is "Commercial" and is 10 % more expensive than the average, followed by "House" with a cost of $431,857.
Based on the average cost per sq.feet the cheapest property type is "Commercial with a an average cost of $109 / sq.feet, followed by "Townhouse" with a price of $195 / sq.feet. "Land" with an average price of $1,869 / sq.feet is the most costly type of property followed by "Condo" at a price of $276 / sq.feet.
