The prices in real estate in Minong, 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 Minong has increased strongly during the last 6 months. In October, the average price per sq.feet was . In the following month the price per sq.feet increased considerably to $151. The price for the following two months in (December, January) had a considerable increment of 198 %. The price per sq.feet has had a considerable increase of 3669 % 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 $112.5 to $4,128 during February, and March.
Based upon to the price in Minong (cities), this has gone up considerably in the last 6 months. The average price during our first sample month during October, is . During November the price went through a considerable rise reaching $338,200. During the following two months (December, January) the average price had a considerable increase of 155 % with regard to the previous two months. During the last two months the average price has had a strong fall compared to the previous four going from $215,866.75 to $168,133.5, which means a 78 % fall.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $336,267 they are 43 % more affordable than the average price for Minong. The properties with the highest average price have 4 bedrooms, Their price is 21 % more costly than the average. After that we have properties with 2 bedrooms priced at $244,541.
With regard to the average price per sq.feet , those properties with 3 bedrooms are the cheapest ones at a cost of $125 / sq.feet, with an average $8,256 / sq.feet price in Minong. The properties with the lowest average prices have 1 bedroom. They are 97 % cheaper than the average followed by properties with 2 bedrooms with a price at $168 / sq.feet.
The graph displaying the average prices displays the property type "Duplex" as the most affordable one. At an cost of $336,267 it is 59 % cheaper than the average price in Minong. "House" is seen as the second most affordable property type. The cheapest type property is "House" followed by "Duplex". At a price of $139,195 it is 25 % more affordable than the average price.
According to the average cost per sq.feet, the cheapest property type is "House" at an average cost of $147 / sq.feet followed by "Duplex" priced at $162 / sq.feet. "Duplex" is the cheapest type of property with a $162 / sq.feet value followed by "House" with an average price of $147 / sq.feet.