The prices in real estate in Brookfield, 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 Brookfield has increased strongly during the last 6 months. In October, the average price per sq.feet was $230. In November this price pretty much remained the same at a value of $226 per sq.feet. The price for the following two months in (December, January) decreased 95 % with regard to the prior two months. The price per sq.feet has had a considerable increase of 6781 % 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 $222 to $15,054.5 during February, and March.
Based upon to the price in Brookfield (cities), this has gone downing the last 6 months. In our first sample month during October, the average price is $520,528. In November This price remains at $501,694. During the following two months (December, January) the average price fell 91 % with regard to the previous two months. During the last two months, the average price has pretty much remained the same with regard to the previous average values going from an average value of $488,763.75 and $495,503.5 between February and March.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $528,375 they are 70 % more affordable than the average price for Brookfield. The properties with the lowest average price have 3 bedrooms, Their price is 20 % cheaper than the average. After that we have properties with 4 bedrooms priced at $378,777.
With regard to the average price per sq.feet , those properties with 4 bedrooms are the cheapest ones at a cost of $98 / sq.feet, with an average $5,877 / sq.feet price in Brookfield. The properties with the lowest average prices have 2 bedrooms. They are 94 % cheaper than the average followed by properties with 3 bedrooms with a price at $267 / sq.feet.
The graph displaying the average prices displays the property type "Townhouse" as the most affordable one. At an cost of $528,375 it is 30 % cheaper than the average price in Brookfield. "Detached House" is seen as the second most affordable property type. The cheapest type property is "Apartment" followed by "Detached House". At a price of $376,884 it is 28 % more affordable than the average price.
According to the average cost per sq.feet, the cheapest property type is "Townhouse" at an average cost of $72 / sq.feet followed by "Detached House" priced at $93 / sq.feet. "Apartment" is the cheapest type of property with a $98 / sq.feet value followed by "Detached House" with an average price of $93 / sq.feet.