Property prices for sale in New Berlin (Wisconsin)
The prices in real estate in New Berlin, 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 New Berlin has increased strongly during the last 6 months. In October, the average price per sq.feet was $225. In the following month the price per sq.feet decreased to $213. In the following two months the price per sq.feet has barely changed, going from $219 to $208.5 per sq.feet. The price per sq.feet has had a considerable increase of 4660 % 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 $213.75 to $9,961.5 during February, and March.
Based upon to the price in New Berlin (cities), these have remained the same in the last 6 months. In our first sample month during October, the average price is $416,270. In November This price remains at $410,892. In the following two months the average price has remained the same with regard to the previous two months from $413,581 to $401,293. During the last two months, the average price has pretty much remained the same with regard to the previous average values going from an average value of $407,437 and $399,521.5 between February and March.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $418,941 they are 61 % more affordable than the average price for New Berlin. The properties with the highest average price have 4 bedrooms, Their price is 14 % more costly than the average. After that we have properties with 3 bedrooms priced at $434,223.
With regard to the average price per sq.feet , those properties with 1 bedroom are the cheapest ones at a cost of $190 / sq.feet, with an average $8,408 / sq.feet price in New Berlin. The properties with the lowest average prices have 3 bedrooms. They are 97 % cheaper than the average followed by properties with 2 bedrooms with a price at $201 / sq.feet.
The graph displaying the average prices displays the property type "Apartment" as the most affordable one. At an cost of $418,941 it is 43 % cheaper than the average price in New Berlin. "Condo" is seen as the second most affordable property type. The dearest property type is "House" followed by "Land". At a price of $384,327 it is 24 % 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 $184 / sq.feet followed by "Condo" priced at $203 / sq.feet. "Land" is the most costly type of property with a $150,599 / sq.feet cost followed by "House" with an average price of $216 / sq.feet.
