The prices in real estate in Manitowoc, 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 Manitowoc has increased strongly during the last 6 months. In April, the average price per sq.feet was $163. In the following month the price per sq.feet increased considerably to $2,103. The price for the following two months in (June, July) had a considerable increment of 182 %. The price per sq.feet has had a considerable increase of 187 % 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 $1,596.75 to $2,989 during August, and September.
Based upon to the price in Manitowoc (cities), this has gone up in the last 6 months. The average price during our first sample month during April, is $163,547. During May the price went through a considerable rise reaching $193,604. During the following two months (June, July) the average price fell 93 % 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 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 $198,817 they are 65 % more affordable than the average price for Manitowoc. The properties with the lowest average price have 4 bedrooms, Their price is 12 % cheaper than the average. After that we have properties with 3 bedrooms priced at $129,860.
With regard to the average price per sq.feet , those properties with 1 bedroom are the cheapest ones at a cost of $60 / sq.feet, with an average $1,589 / sq.feet price in Manitowoc. The properties with the lowest average prices have 2 bedrooms. They are 94 % cheaper than the average followed by properties with 3 bedrooms with a price at $83 / sq.feet.
The graph displaying the average prices displays the property type "Townhouse" as the most affordable one. At an cost of $198,817 it is 59 % cheaper than the average price in Manitowoc. "House" is seen as the second most affordable property type. The cheapest type property is "House" followed by "Townhouse". At a price of $80,580 it is 44 % more affordable than the average price.
According to the average cost per sq.feet, the cheapest property type is "House" at an average cost of $66 / sq.feet followed by "Townhouse" priced at $4,985 / sq.feet. "Townhouse" is the most costly type of property with a $4,985 / sq.feet cost followed by "House" with an average price of $66 / sq.feet.