The prices in real estate in Lac Du Flambeau, in the Wisconsin region have had a strong fall in the last couple of months. The real estate prices for second hand homes have gone through a strong fall in this city.
The price per sq.feet in Lac Du Flambeau has had a strong decrease during the last 6 months. In October, the average price per sq.feet was $8,979. In the following month the price per sq.feet decreased considerably to $3,048. The price for the following two months in (December, January) had a considerable decrease of 10 with regard to the prior two months. The price per sq.feet has increased 115 % 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 $3,318.75 to $3,804 during February, and March.
Based upon to the price in Lac Du Flambeau (cities), this has gone up considerably in the last 6 months. The average price during our first sample month during October, is $191,557. During November the price went through a considerable rise reaching $427,989. During the following two months (December, January) the average price had a considerable increase of 269 % with regard to the previous two months. Based on an analysis of the first four prices and the last two months the average price has gone up 107 % 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 $537,686 they are 55 % more affordable than the average price for Lac Du Flambeau. The properties with the lowest average price have 2 bedrooms, Their price is 34 % cheaper than the average. After that we have properties with 1 bedroom priced at $241,771.
With regard to the average price per sq.feet , those properties with 2 bedrooms are the cheapest ones at a cost of $126 / sq.feet, with an average $3,924 / sq.feet price in Lac Du Flambeau. The properties with the lowest average prices have 1 bedroom. They are 88 % cheaper than the average followed by properties with 2 bedrooms with a price at $126 / sq.feet.
With regard to the average price based upon the property in Lac Du Flambeau we can see that the cheapest property type is "House" at a price of $354,031, they are 34 % more affordable than the average price of (!PRECIO2!). "House" has the lowest price. This price is 34 % 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 $126 / sq.feet. "House" with an average cost of $126 / sq.feet has the lowest price and would be directed at less affluent cities.