The prices in real estate in Beloit, in the Wisconsin region have had a minor rise in the last couple of months. The real estate prices for second hand homes have risen in this city.
The price per sq.feet in Beloit has increased during the last 6 months. In November, the average price per sq.feet was $490. In the following month the price per sq.feet increased considerably to $744. In the following two months the price per sq.feet has barely changed, going from $617 to $615.5 per sq.feet. The price per sq.feet has had a considerable deflation of 68 % 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 $616.25 to $416.5 during March, and April.
Based upon to the price in Beloit (cities), this has gone up in the last 6 months. The average price during our first sample month during November, is $178,149. During December the price went through a considerable rise reaching $211,492. In the following two months the average price has remained the same with regard to the previous two months from $194,820.5 to $201,579. During the last two months, the average price has reduced with regard to the previous ones. To be precise it has gone down 88 %, going from $198,199.75 to $173,489.5 in March and April.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $179,917 they are 57 % more affordable than the average price for Beloit. The properties with the highest average price have 3 bedrooms, Their price is 29 % more costly than the average. After that we have properties with 4 bedrooms priced at $215,941.
With regard to the average price per sq.feet , those properties with 4 bedrooms are the cheapest ones at a cost of $107 / sq.feet, with an average $245 / sq.feet price in Beloit. The properties with the lowest average prices have 3 bedrooms. They are 40 % cheaper than the average followed by properties with 2 bedrooms with a price at $139 / sq.feet.
The graph displaying the average prices displays the property type "" as the most affordable one. At an cost of $179,917 it is 75 % cheaper than the average price in Beloit. "Land" is seen as the second most affordable property type. The dearest property type is "Detached House" followed by "Condo". At a price of $271,044 it is 80 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "Condo" at an average cost of $158 / sq.feet followed by "Detached House" priced at $177 / sq.feet. "Land" is the most costly type of property with a $25,711 / sq.feet cost followed by "House" with an average price of $186 / sq.feet.