Property prices for sale in Park Falls (Wisconsin)
The prices in real estate in Park Falls, 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 Park Falls has increased strongly during the last 6 months. In November, the average price per sq.feet was $961. In the following month the price per sq.feet decreased considerably to $154. The price for the following two months in (January, February) had a considerable increment of 574 %. The price per sq.feet has had a considerable deflation of 72 % 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 $1,878.5 to $1,345.5 during March, and April.
Based upon to the price in Park Falls (cities), these have remained the same in the last 6 months. In our first sample month during November, the average price is $170,468. In December This price remains at $169,476. During the following two months (January, February) the average price fell 87 % 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 130 % 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 $249,179 they are 14 % more affordable than the average price for Park Falls. The properties with the highest average price have 3 bedrooms, Their price is 32 % more costly than the average. After that we have properties with 2 bedrooms priced at $271,914.
With regard to the average price per sq.feet , those properties with 1 bedroom are the cheapest ones at a cost of $125 / sq.feet, with an average $165 / sq.feet price in Park Falls. The properties with the highest average prices have 2 bedrooms. They are 32 % more expensive than the average followed by properties with 3 bedrooms with a price at $188 / sq.feet.
The graph displaying the average prices displays the property type "Land" as the most affordable one. At an cost of $249,179 it is 63 % cheaper than the average price in Park Falls. "House" is seen as the second most affordable property type. The dearest property type is "House" followed by "Land". At a price of $92,933 it is 6 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "House" at an average cost of $156 / sq.feet followed by "Land" priced at $52,956 / sq.feet. "Land" is the most costly type of property with a $52,956 / sq.feet cost followed by "House" with an average price of $156 / sq.feet.
