The prices in real estate in Richfield, 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 Richfield has increased strongly during the last 6 months. In October, the average price per sq.feet was $14,653. In the following month the price per sq.feet decreased to $13,561. The price for the following two months in (December, January) had a considerable decrease of 2 with regard to the prior two months. The price per sq.feet has had a considerable increase of 877 % 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 $7,210.5 to $63,261.5 during February, and March.
Based upon to the price in Richfield (cities), this has gone up in the last 6 months. In our first sample month during October, the average price is $509,801. In November This price remains at $499,202. During the following two months (December, January) the average price had a considerable increase of 145 % with regard to the previous two months. During the last two months the average price has had a strong fall compared to the previous four going from $617,768 to $401,158.5, which means a 65 % fall.