The prices in real estate in Iola, 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 Iola has increased strongly during the last 6 months. In October, the average price per sq.feet was $193. In the following month the price per sq.feet increased considerably to $597. The price for the following two months in (December, January) had a considerable decrease of 77 with regard to the prior two months. The price per sq.feet has had a considerable increase of 416 % 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 $349.25 to $1,454.5 during February, and March.
Based upon to the price in Iola (cities), these have remained the same in the last 6 months. In our first sample month during October, the average price is $310,487. In November This price remains at $302,581. In the following two months the average price has remained the same with regard to the previous two months from $306,534 to $294,502. Based on an analysis of the first four prices and the last two months the average price has gone up 106 % 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 $328,605 they are 34 % more affordable than the average price for Iola. The properties with the highest average price have 3 bedrooms, Their price is 6 % more costly than the average. After that we have properties with 2 bedrooms priced at $327,363.
With regard to the average price per sq.feet , those properties with 4 bedrooms are the cheapest ones at a cost of $130 / sq.feet, with an average $2,289 / sq.feet price in Iola. The properties with the lowest average prices have 1 bedroom. They are 85 % cheaper than the average followed by properties with 2 bedrooms with a price at $271 / sq.feet.
With regard to the average price based upon the property in Iola we can see that the cheapest property type is "House" at a price of $301,441, they are 8 % more affordable than the average price of (!PRECIO2!). "House" has the lowest price. This price is 8 % more affordable than the average price aforementioned.
According to the average area cost by sq.feet the cheapest property type is "House with an average price of $188 / sq.feet. "House" with an average cost of $188 / sq.feet has the lowest price and would be directed at less affluent cities.