The prices in real estate in Marshfield, 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 Marshfield has increased strongly during the last 6 months. In March, the average price per sq.feet was $91. In the following month the price per sq.feet increased to $98. In the following two months the price per sq.feet has increased 108 %, going from $94.5 to $102.5 per sq.feet. The price per sq.feet has had a considerable increase of 120 % 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 $98.5 to $118.5 during July, and August.
Based upon to the price in Marshfield (cities), this has gone up considerably in the last 6 months. The average price during our first sample month during March, is $181,394. During April the price went through a considerable rise reaching $241,385. During the following two months (May, June) the price has had an average incrementation from $211,389.5 to $229,673. Based on an analysis of the first four prices and the last two months the average price has gone up 110 % during the last two months.
The graph displaying the average price for bedrooms illustrates that those properties with 4 bedrooms are the cheapest ones. At a price of $252,326 they are 25 % more affordable than the average price for Marshfield. The properties with the lowest average price have 1 bedroom, Their price is 24 % cheaper than the average. After that we have properties with 3 bedrooms priced at $190,884.
With regard to the average price per sq.feet , those properties with 4 bedrooms are the cheapest ones at a cost of $67 / sq.feet, with an average $118 / sq.feet price in Marshfield. The properties with the lowest average prices have 1 bedroom. They are 26 % cheaper than the average followed by properties with 3 bedrooms with a price at $82 / sq.feet.
The graph displaying the average prices displays the property type "Farm" as the most affordable one. At an cost of $252,326 it is 68 % cheaper than the average price in Marshfield. "Townhouse" is seen as the second most affordable property type. The cheapest type property is "Land" followed by "Townhouse". At a price of $150,888 it is 25 % more affordable than the average price.
According to the average cost per sq.feet, the cheapest property type is "Townhouse" at an average cost of $45 / sq.feet followed by "Land" priced at $67 / sq.feet. "Land" is the cheapest type of property with a $67 / sq.feet value followed by "Townhouse" with an average price of $45 / sq.feet.