The prices in real estate in Palmyra, in the Wisconsin region have had a strong fall in the last couple of months. The real estate prices for second hand homes have gone through a strong fall in this city.
The price per sq.feet in Palmyra has had a strong decrease during the last 6 months. In August, the average price per sq.feet was $9,455. In the following month the price per sq.feet decreased considerably to $314. The price for the following two months in (October, November) had a considerable increment of 146 %. The price per sq.feet has had a considerable deflation of 4 % 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 $6,014 to $221 during December, and January.
Based upon to the price in Palmyra (cities), this has gone downing the last 6 months. In our first sample month during August, the average price is $454,817. In September This price remains at $439,000. In the following two months the average price has remained the same with regard to the previous two months from $446,908.5 to $455,130. During the last two months the average price has had a strong fall compared to the previous four going from $451,019.25 to $349,933, which means a 78 % fall.
The graph displaying the average price for bedrooms illustrates that those properties with 2 bedrooms are the cheapest ones. At a price of $355,783 they are 38 % more affordable than the average price for Palmyra. The properties with the highest average price have 4 bedrooms, Their price is 33 % more costly than the average. After that we have properties with 3 bedrooms priced at $369,608.
With regard to the average price per sq.feet , those properties with 2 bedrooms are the cheapest ones at a cost of $106 / sq.feet, with an average $234 / sq.feet price in Palmyra. The properties with the highest average prices have 3 bedrooms. They are 16 % more expensive than the average followed by properties with 1 bedroom with a price at $236 / sq.feet.
With regard to the average price based upon the property in Palmyra we can see that most expensive property type is "House" at a price of $474,320, they are 33 % more costly than the average price of (!PRECIO2!). "House" has the highest price. This price is 33 % more expensive 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 $109 / sq.feet. "House" with an average cost of $109 / sq.feet has the lowest price and would be directed at less affluent cities.