The prices in real estate in Chippewa Falls, 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 Chippewa Falls has increased strongly during the last 6 months. In December, the average price per sq.feet was $111. In the following month the price per sq.feet increased considerably to $130. In the following two months the price per sq.feet has increased 108 %, going from $120.5 to $130 per sq.feet. The price per sq.feet has had a considerable increase of 129 % 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 $125.25 to $161.5 during April, and May.
Based upon to the price in Chippewa Falls (cities), this has gone up considerably in the last 6 months. The average price for December is $246,656. During January the price had a slight fall till $222,496. In the following two months the average price has remained the same with regard to the previous two months from $234,576 to $229,244. Based on an analysis of the first four prices and the last two months the average price has risen strongly 259 % during the last two months.
The graph displaying the average price for bedrooms illustrates that those properties with 4 bedrooms are the cheapest ones. At a price of $828,700 they are 73 % more affordable than the average price for Chippewa Falls. The properties with the lowest average price have 1 bedroom, Their price is 72 % cheaper than the average. After that we have properties with 4 bedrooms priced at $226,942.
With regard to the average price per sq.feet , those properties with 4 bedrooms are the cheapest ones at a cost of $142 / sq.feet, with an average $204 / sq.feet price in Chippewa Falls. The properties with the lowest average prices have 1 bedroom. They are 28 % cheaper than the average followed by properties with 4 bedrooms with a price at $142 / sq.feet.
The graph displaying the average prices displays the property type "Townhouse" as the most affordable one. At an cost of $828,700 it is 86 % cheaper than the average price in Chippewa Falls. "House" is seen as the second most affordable property type. The cheapest type property is "House" followed by "Townhouse". At a price of $112,334 it is 73 % 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 $109 / sq.feet followed by "House" priced at $142 / sq.feet. "House" is the cheapest type of property with a $142 / sq.feet value followed by "Townhouse" with an average price of $109 / sq.feet.