The prices in real estate in Middleton, 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 Middleton has increased strongly during the last 6 months. In October, the average price per sq.feet was $283. In November this price pretty much remained the same at a value of $271 per sq.feet. The price for the following two months in (December, January) decreased 92 % with regard to the prior two months. The price per sq.feet has had a considerable increase of 589 % 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 $265.75 to $1,564 during February, and March.
Based upon to the price in Middleton (cities), this has fallen considerably in the last 6 months. The average price for October is $620,418. During November the price had a considerable reduction till $494,919. During the following two months (December, January) the average price fell 87 % 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 110 % 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 $588,925 they are 63 % more affordable than the average price for Middleton. The properties with the highest average price have 4 bedrooms, Their price is 117 % more costly than the average. After that we have properties with 3 bedrooms priced at $489,059.
With regard to the average price per sq.feet , those properties with 1 bedroom are the cheapest ones at a cost of $248 / sq.feet, with an average $2,622 / sq.feet price in Middleton. The properties with the lowest average prices have 4 bedrooms. They are 51 % cheaper than the average followed by properties with 3 bedrooms with a price at $944 / sq.feet.
The graph displaying the average prices displays the property type "Condo" as the most affordable one. At an cost of $588,925 it is 26 % cheaper than the average price in Middleton. "Townhouse" is seen as the second most affordable property type. The dearest property type is "House" followed by "Detached House". At a price of $638,367 it is 19 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "Duplex" at an average cost of $139 / sq.feet followed by "Detached House" priced at $257 / sq.feet. "Land" is the most costly type of property with a $74,077 / sq.feet cost followed by "House" with an average price of $2,095 / sq.feet.