The prices in real estate in Oak Creek, in the Wisconsin region have had a minor rise in the last couple of months. The real estate prices for second hand homes have risen in this city.
The price per sq.feet in Oak Creek has increased during the last 6 months. In March, the average price per sq.feet was $236. In April this price pretty much remained the same at a value of $230 per sq.feet. In the following two months the price per sq.feet has barely changed, going from $233 to $241.5 per sq.feet. The price per sq.feet has increased 111 % 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 $237.25 to $263.5 during July, and August.
Based upon to the price in Oak Creek (cities), this has gone up in the last 6 months. In our first sample month during March, the average price is $461,779. In April This price remains at $470,699. In the following two months the average price has remained the same with regard to the previous two months from $466,239 to $472,651.5. Based on an analysis of the first four prices and the last two months the average price has gone up 108 % 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 $489,730 they are 61 % more affordable than the average price for Oak Creek. The properties with the highest average price have 4 bedrooms, Their price is 10 % more costly than the average. After that we have properties with 3 bedrooms priced at $257,698.
With regard to the average price per sq.feet , those properties with 3 bedrooms are the cheapest ones at a cost of $129 / sq.feet, with an average $262 / sq.feet price in Oak Creek. The properties with the lowest average prices have 4 bedrooms. They are 8 % cheaper than the average followed by properties with 1 bedroom with a price at $167 / sq.feet.
The graph displaying the average prices displays the property type "Townhouse" as the most affordable one. At an cost of $489,730 it is 58 % cheaper than the average price in Oak Creek. "Commercial Property" is seen as the second most affordable property type. The cheapest type property is "Apartment" followed by "Condo". At a price of $318,217 it is 14 % more affordable than the average price.
According to the average cost per sq.feet, the cheapest property type is "Commercial Property" at an average cost of $83 / sq.feet followed by "Condo" priced at $119 / sq.feet. "Apartment" is the cheapest type of property with a $202 / sq.feet value followed by "House" with an average price of $167 / sq.feet.