Property prices for sale in Elkhart Lake (Wisconsin)
The prices in real estate in Elkhart 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 Elkhart Lake has increased strongly during the last 6 months. In November, the average price per sq.feet was $304. In December this price pretty much remained the same at a value of $313 per sq.feet. The price for the following two months in (January, February) had a considerable increment of 115 %. The price per sq.feet has increased 113 % 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 $332 to $374 during March, and April.
Based upon to the price in Elkhart Lake (cities), this has gone up in the last 6 months. The price in November is $441,049, rising in December till $490,902. In the following two months the average price has remained the same with regard to the previous two months from $465,975.5 to $480,219.5. Based on an analysis of the first four prices and the last two months the average price has gone up 112 % 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 $512,994 they are 31 % more affordable than the average price for Elkhart Lake. The properties with the highest average price have 4 bedrooms, Their price is 183 % more costly than the average. After that we have properties with 3 bedrooms priced at $536,925.
With regard to the average price per sq.feet , those properties with 3 bedrooms are the cheapest ones at a cost of $337 / sq.feet, with an average $391 / sq.feet price in Elkhart Lake. The properties with the highest average prices have 1 bedroom. They are 103 % more expensive than the average followed by properties with 4 bedrooms with a price at $616 / sq.feet.
The graph displaying the average prices displays the property type "Condo" as the most affordable one. At an cost of $512,994 it is 2 % cheaper than the average price in Elkhart Lake. "House" is seen as the second most affordable property type. The dearest property type is "House" followed by "Condo". At a price of $505,283 it is 117 % more expensive than the average price.
According to the average cost per sq.feet, the most expensive property type would be "Condo" at an average cost of $440 / sq.feet followed by "House" priced at $473 / sq.feet. "House" is the most costly type of property with a $473 / sq.feet cost followed by "Condo" with an average price of $440 / sq.feet.
