The prices in real estate in Elkhorn, 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 Elkhorn has increased strongly during the last 6 months. In October, the average price per sq.feet was $1,393. In the following month the price per sq.feet decreased considerably to $496. The price for the following two months in (December, January) had a considerable decrease of 22 with regard to the prior two months. The price per sq.feet has had a considerable increase of 1343 % 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 $575.5 to $7,729.5 during February, and March.
Based upon to the price in Elkhorn (cities), these have remained the same in the last 6 months. The average price for October is $416,403. During November the price had a slight fall till $374,607. During the following two months (December, January) the price has had an average incrementation from $395,505 to $420,183. 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 $407,844 and $419,043.5 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 $375,491 they are 53 % more affordable than the average price for Elkhorn. The properties with the lowest average price have 4 bedrooms, Their price is 6 % cheaper than the average. After that we have properties with 3 bedrooms priced at $310,035.
With regard to the average price per sq.feet , those properties with 2 bedrooms are the cheapest ones at a cost of $132 / sq.feet, with an average $8,279 / sq.feet price in Elkhorn. The properties with the lowest average prices have 1 bedroom. They are 98 % cheaper than the average followed by properties with 3 bedrooms with a price at $149 / sq.feet.
The graph displaying the average prices displays the property type "Condo" as the most affordable one. At an cost of $375,491 it is 37 % cheaper than the average price in Elkhorn. "Townhouse" is seen as the second most affordable property type. The cheapest type property is "House" followed by "Farm". At a price of $280,277 it is 1 % 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 $81 / sq.feet followed by "Farm" priced at $90 / sq.feet. "House" is the cheapest type of property with a $156 / sq.feet value followed by "Condo" with an average price of $116 / sq.feet.