The prices in real estate in Nekoosa, in the Wisconsin region have had a strong fall in the last couple of months. The real estate prices for second hand homes have gone through a strong fall in this city.
The price per sq.feet in Nekoosa has had a strong decrease during the last 6 months. In October, the average price per sq.feet was $903. In the following month the price per sq.feet decreased considerably to $68. The price for the following two months in (December, January) had a considerable decrease of 20 with regard to the prior two months. The price per sq.feet has had a considerable increase of 289 % 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 $292 to $842.5 during February, and March.
Based upon to the price in Nekoosa (cities), this has gone up considerably in the last 6 months. The average price during our first sample month during October, is $128,344. During November the price went through a considerable rise reaching $156,933. During the following two months (December, January) the average price had a considerable increase of 205 % 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 106 % 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 $248,258 they are 83 % more affordable than the average price for Nekoosa. The properties with the highest average price have 4 bedrooms, Their price is 50 % more costly than the average. After that we have properties with 3 bedrooms priced at $201,298.
With regard to the average price per sq.feet , those properties with 1 bedroom are the cheapest ones at a cost of $366 / sq.feet, with an average $493 / sq.feet price in Nekoosa. The properties with the highest average prices have 4 bedrooms. They are 346 % more expensive than the average followed by properties with 2 bedrooms with a price at $1,678 / sq.feet.
The graph displaying the average prices displays the property type "Farm" as the most affordable one. At an cost of $248,258 it is 47 % cheaper than the average price in Nekoosa. "House" is seen as the second most affordable property type. The cheapest type property is "House" followed by "Farm". At a price of $131,628 it is 9 % more affordable than the average price.
According to the average cost per sq.feet, the cheapest property type is "Farm" at an average cost of $66 / sq.feet followed by "House" priced at $2,333 / sq.feet. "House" is the most costly type of property with a $2,333 / sq.feet cost followed by "Farm" with an average price of $66 / sq.feet.