The prices in real estate in Onalaska, 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 Onalaska has increased strongly during the last 6 months. In October, the average price per sq.feet was $172. In November this price pretty much remained the same at a value of $176 per sq.feet. The price for the following two months in (December, January) decreased 90 % with regard to the prior two months. The price per sq.feet has had a considerable increase of 4352 % 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 $165 to $7,180 during February, and March.
Based upon to the price in Onalaska (cities), these have remained the same in the last 6 months. In our first sample month during October, the average price is $343,350. In November This price remains at $346,413. During the following two months (December, January) the average price fell 95 % 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 gone up 106 % 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 $348,782 they are 69 % more affordable than the average price for Onalaska. The properties with the lowest average price have 3 bedrooms, Their price is 10 % cheaper than the average. After that we have properties with 4 bedrooms priced at $301,782.
With regard to the average price per sq.feet , those properties with 4 bedrooms are the cheapest ones at a cost of $71 / sq.feet, with an average $4,150 / sq.feet price in Onalaska. The properties with the lowest average prices have 3 bedrooms. They are 96 % cheaper than the average followed by properties with 2 bedrooms with a price at $184 / sq.feet.
The graph displaying the average prices displays the property type "Condo" as the most affordable one. At an cost of $348,782 it is 41 % cheaper than the average price in Onalaska. "Duplex" is seen as the second most affordable property type. The cheapest type property is "Apartment" followed by "Duplex". At a price of $207,522 it is 13 % more affordable than the average price.
According to the average cost per sq.feet, the cheapest property type is "Condo" at an average cost of $44 / sq.feet followed by "Duplex" priced at $52 / sq.feet. "Apartment" is the cheapest type of property with a $71 / sq.feet value followed by "Duplex" with an average price of $52 / sq.feet.