Property prices for sale in New Richmond (Wisconsin)
The prices in real estate in New Richmond, 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 Richmond has increased strongly during the last 6 months. In October, the average price per sq.feet was $801. In the following month the price per sq.feet decreased considerably to $252. The price for the following two months in (December, January) had a considerable increment of 268 %. The price per sq.feet has had a considerable increase of 247 % 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 $969.5 to $2,397 during February, and March.
Based upon to the price in New Richmond (cities), this has gone up in the last 6 months. The price in October is $360,720, rising in November till $402,098. In the following two months the average price has remained the same with regard to the previous two months from $381,409 to $375,586. 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 $378,497.5 and $397,380.5 between February and March.
The graph displaying the average price for bedrooms illustrates that those properties with 2 bedrooms are the cheapest ones. At a price of $395,403 they are 21 % more affordable than the average price for New Richmond. The properties with the highest average price have 4 bedrooms, Their price is 15 % more costly than the average. After that we have properties with 3 bedrooms priced at $404,698.
With regard to the average price per sq.feet , those properties with 4 bedrooms are the cheapest ones at a cost of $200 / sq.feet, with an average $2,783 / sq.feet price in New Richmond. The properties with the lowest average prices have 1 bedroom. They are 86 % cheaper than the average followed by properties with 2 bedrooms with a price at $236 / sq.feet.
The graph displaying the average prices displays the property type "Land" as the most affordable one. At an cost of $395,403 it is 35 % cheaper than the average price in New Richmond. "Townhouse" is seen as the second most affordable property type. The dearest property type is "Detached House" followed by "House". At a price of $403,983 it is 3 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "Detached House" at an average cost of $215 / sq.feet followed by "Townhouse" priced at $219 / sq.feet. "Land" is the most costly type of property with a $26,865 / sq.feet cost followed by "House" with an average price of $405 / sq.feet.
