The prices in real estate in Mayville, 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 Mayville has increased strongly during the last 6 months. In November, the average price per sq.feet was $139. In the following month the price per sq.feet decreased to $121. The price for the following two months in (January, February) had a considerable increment of 2442 %. The price per sq.feet has had a considerable increase of 254 % 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 $1,652.5 to $4,194 during March, and April.
Based upon to the price in Mayville (cities), these have remained the same in the last 6 months. In our first sample month during November, the average price is $286,913. In December This price remains at $290,238. In the following two months the average price has remained the same with regard to the previous two months from $288,575.5 to $285,015.5. 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 3 bedrooms are the most costly ones. At a price of $309,524 they are 298 % more expensive than the average price for Mayville. Following this ranking we find those properties with 1 at an average price of $1,238,687. The properties with the highest average price have 1 bedroom, Their price is 300 % more costly than the average. After that we have properties with 3 bedrooms priced at $1,232,504.
With regard to the average price per sq.feet , those properties with 3 bedrooms are the cheapest ones at a cost of $257 / sq.feet, with an average $3,619 / sq.feet price in Mayville. The properties with the lowest average prices have 1 bedroom. They are 93 % cheaper than the average followed by properties with 3 bedrooms with a price at $257 / sq.feet.
The graph displaying the average prices displays the property type "Apartment" as the most affordable one. At an cost of $309,524 it is 69 % cheaper than the average price in Mayville. "House" is seen as the second most affordable property type. The dearest property type is "House" followed by "Apartment". At a price of $96,258 it is 298 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "Apartment" at an average cost of $11 / sq.feet followed by "House" priced at $257 / sq.feet. "House" is the cheapest type of property with a $257 / sq.feet value followed by "Apartment" with an average price of $11 / sq.feet.