The average price in the Minnesota region has had a slight increase in recent months. There has been an inflation in the prices in this region.
The price per sq.feet in Minnesota has increased in the last 6 months. During March, the average price per sq.feet was $164. The following month (April) the price increased to $176 per sq.feet. The following two months (May, June) went through an increase of 106 % in the price per sq.feet rising from $170 to $180.5 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 $175.25 to $179 during July and August.
Based upon to the price in Minnesota(region), this has increased in the last 6 months. In the first month sample March the average price is $321,824. In April the price was the same at $320,247. The average price for the following two months (May, June) increased from $321,035.5 to $355,820. During the last two months the price has risen 105 % compared to the previous average values going from $338,427.75 a $355,666.5 in July and August.
The graph displaying the the average price per number of bedrooms shows that those with 1 bedroom are the cheapest ones. They are 49 % more affordable than the average price in Minnesota followed by those with 2 with an average price of $250,343. The most costly properties have 4 bedrooms. They are 7 % more expensive than the average followed by those properties with 3 bedrooms priced at $321,447.
Based on the average price per sq.feet those properties with 4 bedrooms are the cheapest ones with a price of $164 / sq.feet being $184 / sq.feet the average value within the Minnesota region. The properties with the most expensive average price are those with 1 bedroom. These are 27 % more costly than the average followed by those with 2 bedrooms with a price of $195 / sq.feet.
The graph displaying the average price according to the property type shows "Land" as the cheapest one. With an average cost of $368,092 it is 83 % more affordable than the average in Minnesota. This is followed by "Townhouse" with a price of $293,394. The dearest property type is "Condo" and is 84 % more expensive than the average, followed by "House" with a cost of $412,457.
Based on the average cost per sq.feet the cheapest property type is "Apartment with a an average cost of $154 / sq.feet, followed by "Office" with a price of $159 / sq.feet. "Land" with an average price of $6,822 / sq.feet is the most costly type of property followed by "Condo" at a price of $532 / sq.feet.