The prices in real estate in Shawano, 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 Shawano has increased strongly during the last 6 months. In October, the average price per sq.feet was $68. In the following month the price per sq.feet increased considerably to $79. The price for the following two months in (December, January) had a considerable increment of 137 %. The price per sq.feet has had a considerable increase of 278 % 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 $87 to $242 during February, and March.
Based upon to the price in Shawano (cities), this has gone up considerably in the last 6 months. The average price during our first sample month during October, is $140,237. During November the price went through a considerable rise reaching $180,888. During the following two months (December, January) the average price had a considerable increase of 149 % 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 182 % 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 $456,240 they are 81 % more affordable than the average price for Shawano. The properties with the lowest average price have 4 bedrooms, Their price is 55 % cheaper than the average. After that we have properties with 3 bedrooms priced at $142,764.
With regard to the average price per sq.feet , those properties with 3 bedrooms are the cheapest ones at a cost of $73 / sq.feet, with an average $388 / sq.feet price in Shawano. The properties with the lowest average prices have 2 bedrooms. They are 68 % cheaper than the average followed by properties with 1 bedroom with a price at $120 / sq.feet.
The graph displaying the average prices displays the property type "Condo" as the most affordable one. At an cost of $456,240 it is 73 % cheaper than the average price in Shawano. "Land" is seen as the second most affordable property type. The cheapest type property is "House" followed by "Land". At a price of $130,508 it is 64 % more affordable than the average price.
According to the average cost per sq.feet, the cheapest property type is "Land" at an average cost of $48 / sq.feet followed by "Condo" priced at $56 / sq.feet. "House" is the cheapest type of property with a $89 / sq.feet value followed by "Condo" with an average price of $56 / sq.feet.