Property prices for sale in Balsam Lake (Wisconsin)
The prices in real estate in Balsam Lake, in the Wisconsin 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 Balsam Lake has increased strongly during the last 6 months. In October, the average price per sq.feet was $333. In the following month the price per sq.feet increased to $369. In the following two months the price per sq.feet has increased 108 %, going from $351 to $378 per sq.feet. The price per sq.feet has had a considerable increase of 597 % 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 $364.5 to $2,175.5 during February, and March.
Based upon to the price in Balsam Lake (cities), this has gone up considerably in the last 6 months. The price in October is $419,689, rising in November till $469,352. During the following two months (December, January) the price has had an average incrementation from $444,520.5 to $492,777. Based on an analysis of the first four prices and the last two months the average price has risen strongly 305 % during the last two months.
