The prices in real estate in Shawano, 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 Shawano has had a strong decrease during the last 6 months. In March, the average price per sq.feet was $388. In the following month the price per sq.feet decreased considerably to $133. The price for the following two months in (May, June) had a considerable decrease of 47 with regard to the prior two months. The price per sq.feet has had a considerable deflation of 76 % 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 $191 to $145 during July, and August.
Based upon to the price in Shawano (cities), this has fallen considerably in the last 6 months. The average price for March is $456,240. During April the price had a considerable reduction till $292,785. During the following two months (May, June) the average price had a considerable reduction of 83 % 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 128 % 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 $402,940 they are 78 % more affordable than the average price for Shawano. The properties with the lowest average price have 4 bedrooms, Their price is 50 % cheaper than the average. After that we have properties with 3 bedrooms priced at $142,049.
With regard to the average price per sq.feet , those properties with 3 bedrooms are the cheapest ones at a cost of $68 / sq.feet, with an average $142 / sq.feet price in Shawano. The properties with the lowest average prices have 2 bedrooms. They are 15 % cheaper than the average followed by properties with 1 bedroom with a price at $115 / sq.feet.
The graph displaying the average prices displays the property type "Condo" as the most affordable one. At an cost of $402,940 it is 69 % 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 $129,854 it is 59 % 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 $43 / sq.feet followed by "Condo" priced at $51 / sq.feet. "House" is the cheapest type of property with a $84 / sq.feet value followed by "Condo" with an average price of $51 / sq.feet.