The prices in real estate in Marshfield, 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 Marshfield has had a strong decrease during the last 6 months. In October, the average price per sq.feet was $2,758. In November this price pretty much remained the same at a value of $2,633 per sq.feet. The price for the following two months in (December, January) had a considerable decrease of 5 with regard to the prior two months. The price per sq.feet has had a considerable increase of 183 % 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 $1,421 to $2,596 during February, and March.
Based upon to the price in Marshfield (cities), this has gone up in the last 6 months. In our first sample month during October, the average price is $244,945. In November This price remains at $243,747. During the following two months (December, January) the price has had an average incrementation from $244,346 to $259,451. Based on an analysis of the first four prices and the last two months the average price has gone up 108 % during the last two months.
The graph displaying the average price for bedrooms illustrates that those properties with 2 bedrooms are the cheapest ones. At a price of $260,803 they are 0 % more affordable than the average price for Marshfield. The properties with the highest average price have 4 bedrooms, Their price is 47 % more costly than the average. After that we have properties with 1 bedroom priced at $366,600.
With regard to the average price per sq.feet , those properties with 4 bedrooms are the cheapest ones at a cost of $143 / sq.feet, with an average $3,664 / sq.feet price in Marshfield. The properties with the lowest average prices have 1 bedroom. They are 79 % cheaper than the average followed by properties with 2 bedrooms with a price at $151 / sq.feet.
The graph displaying the average prices displays the property type "Farm" as the most affordable one. At an cost of $260,803 it is 70 % cheaper than the average price in Marshfield. "Land" is seen as the second most affordable property type. The dearest property type is "Condo" followed by "House". At a price of $299,466 it is 64 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "Farm" at an average cost of $36 / sq.feet followed by "House" priced at $138 / sq.feet. "Land" is the most costly type of property with a $36,452 / sq.feet cost followed by "Condo" with an average price of $176 / sq.feet.