The prices in real estate in Green Bay, 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 Green Bay has increased strongly during the last 6 months. In October, the average price per sq.feet was $522. In the following month the price per sq.feet increased considerably to $1,461. The price for the following two months in (December, January) decreased 94 % with regard to the prior two months. The price per sq.feet has had a considerable increase of 239 % 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 $962.75 to $2,302.5 during February, and March.
Based upon to the price in Green Bay (cities), this has gone up in the last 6 months. The price in October is $360,705, rising in November till $384,458. In the following two months the average price has remained the same with regard to the previous two months from $372,581.5 to $354,523.5. Based on an analysis of the first four prices and the last two months the average price has risen strongly 116 % 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 $374,200 they are 65 % more affordable than the average price for Green Bay. The properties with the highest average price have 4 bedrooms, Their price is 22 % more costly than the average. After that we have properties with 3 bedrooms priced at $345,718.
With regard to the average price per sq.feet , those properties with 1 bedroom are the cheapest ones at a cost of $145 / sq.feet, with an average $2,506 / sq.feet price in Green Bay. The properties with the highest average prices have 4 bedrooms. They are 50 % more expensive than the average followed by properties with 3 bedrooms with a price at $3,530 / sq.feet.
The graph displaying the average prices displays the property type "Office" as the most affordable one. At an cost of $374,200 it is 57 % cheaper than the average price in Green Bay. "Land" is seen as the second most affordable property type. The dearest property type is "Commercial" followed by "Condo". At a price of $483,338 it is 97 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "Office" at an average cost of $43 / sq.feet followed by "Commercial" priced at $145 / sq.feet. "Land" is the most costly type of property with a $29,356 / sq.feet cost followed by "House" with an average price of $2,560 / sq.feet.