The prices in real estate in Menomonee Falls, 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 Menomonee Falls has increased strongly during the last 6 months. In November, the average price per sq.feet was $175. In the following month the price per sq.feet increased considerably to $212. In the following two months the price per sq.feet has increased 109 %, going from $193.5 to $211 per sq.feet. The price per sq.feet has increased 109 % 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 $202.25 to $220.5 during March, and April.
Based upon to the price in Menomonee Falls (cities), this has gone up considerably in the last 6 months. The average price during our first sample month during November, is $381,145. During December the price went through a considerable rise reaching $481,783. During the following two months (January, February) the price has had an average incrementation from $431,464 to $471,722.5. Based on an analysis of the first four prices and the last two months the average price has risen strongly 119 % 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 $533,724 they are 61 % more affordable than the average price for Menomonee Falls. The properties with the lowest average price have 4 bedrooms, Their price is 4 % cheaper than the average. After that we have properties with 3 bedrooms priced at $421,285.
With regard to the average price per sq.feet , those properties with 1 bedroom are the cheapest ones at a cost of $167 / sq.feet, with an average $218 / sq.feet price in Menomonee Falls. The properties with the lowest average prices have 3 bedrooms. They are 12 % cheaper than the average followed by properties with 2 bedrooms with a price at $185 / sq.feet.
The graph displaying the average prices displays the property type "Land" as the most affordable one. At an cost of $533,724 it is 35 % cheaper than the average price in Menomonee Falls. "Condo" is seen as the second most affordable property type. The cheapest type property is "House" followed by "Condo". At a price of $350,876 it is 24 % more affordable than the average price.
According to the average cost per sq.feet, the cheapest property type is "Land" at an average cost of $155 / sq.feet followed by "House" priced at $172 / sq.feet. "Condo" is the cheapest type of property with a $201 / sq.feet value followed by "House" with an average price of $172 / sq.feet.