The prices in real estate in New Lisbon, 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 Lisbon has increased strongly during the last 6 months. In September, the average price per sq.feet was $99. In the following month the price per sq.feet increased considerably to $125. The price for the following two months in (November, December) had a considerable increment of 136 %. The price per sq.feet has had a considerable increase of 1462 % 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 $132 to $1,929.5 during January, and February.
Based upon to the price in New Lisbon (cities), this has gone up considerably in the last 6 months. The average price during our first sample month during September, is $122,235. During October the price went through a considerable rise reaching $234,121. During the following two months (November, December) the average price had a considerable increase of 208 % 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 risen strongly 200 % 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 $598,150 they are 85 % more affordable than the average price for New Lisbon. The properties with the highest average price have 4 bedrooms, Their price is 9 % more costly than the average. After that we have properties with 3 bedrooms priced at $331,603.
With regard to the average price per sq.feet , those properties with 1 bedroom are the cheapest ones at a cost of $82 / sq.feet, with an average $3,708 / sq.feet price in New Lisbon. The properties with the lowest average prices have 4 bedrooms. They are 95 % cheaper than the average followed by properties with 3 bedrooms with a price at $126 / sq.feet.
With regard to the average price based upon the property in New Lisbon we can see that the cheapest property type is "House" at a price of $233,844, they are 61 % more affordable than the average price of (!PRECIO2!). "House" has the lowest price. This price is 61 % more affordable than the average price aforementioned.
According to the average area cost by sq.feet the cheapest property type is "House with an average price of $104 / sq.feet. "House" with an average cost of $104 / sq.feet has the lowest price and would be directed at less affluent cities.