The prices in real estate in Beaver Dam, 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 Beaver Dam has increased strongly during the last 6 months. In October, the average price per sq.feet was $160. In November this price pretty much remained the same at a value of $165 per sq.feet. The price for the following two months in (December, January) decreased 94 % with regard to the prior two months. The price per sq.feet has had a considerable increase of 465 % 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 $157.75 to $734 during February, and March.
Based upon to the price in Beaver Dam (cities), these have remained the same in the last 6 months. In our first sample month during October, the average price is $301,103. In November This price remains at $297,266. During the following two months (December, January) the average price fell 90 % with regard to the previous two months. 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 $306,945 they are 66 % more affordable than the average price for Beaver Dam. The properties with the highest average price have 3 bedrooms, Their price is 21 % more costly than the average. After that we have properties with 4 bedrooms priced at $350,384.
With regard to the average price per sq.feet , those properties with 1 bedroom are the cheapest ones at a cost of $97 / sq.feet, with an average $192 / sq.feet price in Beaver Dam. The properties with the highest average prices have 3 bedrooms. They are 9 % more expensive than the average followed by properties with 2 bedrooms with a price at $196 / sq.feet.
The graph displaying the average prices displays the property type "Land" as the most affordable one. At an cost of $306,945 it is 68 % cheaper than the average price in Beaver Dam. "House" is seen as the second most affordable property type. The dearest property type is "Condo" followed by "Commercial". At a price of $432,974 it is 54 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "Commercial" at an average cost of $76 / sq.feet followed by "House" priced at $170 / sq.feet. "Land" is the most costly type of property with a $45,714 / sq.feet cost followed by "Condo" with an average price of $249 / sq.feet.