The prices in real estate in River Falls, 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 River Falls has increased during the last 6 months. In November, the average price per sq.feet was $208. In December this price pretty much remained the same at a value of $206 per sq.feet. In the following two months the price per sq.feet has increased 113 %, going from $207 to $234 per sq.feet. The price per sq.feet has increased 107 % 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 $220.5 to $236 during March, and April.
Based upon to the price in River Falls (cities), this has gone up in the last 6 months. In our first sample month during November, the average price is $420,333. In December This price remains at $419,958. During the following two months (January, February) the price has had an average incrementation from $420,145.5 to $452,532. Based on an analysis of the first four prices and the last two months the average price has gone up 110 % 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 $490,990 they are 50 % more affordable than the average price for River Falls. The properties with the lowest average price have 4 bedrooms, Their price is 16 % cheaper than the average. After that we have properties with 3 bedrooms priced at $364,068.
With regard to the average price per sq.feet , those properties with 4 bedrooms are the cheapest ones at a cost of $105 / sq.feet, with an average $226 / sq.feet price in River Falls. The properties with the lowest average prices have 1 bedroom. They are 23 % cheaper than the average followed by properties with 2 bedrooms with a price at $173 / sq.feet.
The graph displaying the average prices displays the property type "Apartment" as the most affordable one. At an cost of $490,990 it is 34 % cheaper than the average price in River Falls. "Office" is seen as the second most affordable property type. The cheapest type property is "Condo" followed by "House". At a price of $379,346 it is 15 % more affordable than the average price.
According to the average cost per sq.feet, the cheapest property type is "Office" at an average cost of $78 / sq.feet followed by "Apartment" priced at $150 / sq.feet. "House" is the most costly type of property with a $259 / sq.feet cost followed by "Condo" with an average price of $184 / sq.feet.