The prices in real estate in New Franken, 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 Franken has increased strongly during the last 6 months. In November, the average price per sq.feet was $5,132. In the following month the price per sq.feet decreased considerably to $153. The price for the following two months in (January, February) had a considerable increment of 289 %. The price per sq.feet has had a considerable increase of 327 % 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 $5,139 to $16,812 during March, and April.
Based upon to the price in New Franken (cities), these have remained the same in the last 6 months. The average price during our first sample month during November, is $317,450. During December the price went through a considerable rise reaching $411,800. During the following two months (January, February) the average price fell 87 % 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 $340,349 to $276,944, which means a 81 % fall.