The prices in real estate in Somers, 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 Somers has had a strong decrease during the last 6 months. In June, the average price per sq.feet was $173. In July this price pretty much remained the same at a value of $170 per sq.feet. The price for the following two months in (August, September) had a considerable decrease of 45 with regard to the prior two months. The price per sq.feet has had a considerable increase of 130 % 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 $124.25 to $162 during October, and November.
Based upon to the price in Somers (cities), this has fallen considerably in the last 6 months. The average price for June is $530,000. During July the price had a considerable reduction till $359,229. During the following two months (August, September) the average price had a considerable reduction of 39 % 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 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 $330,356 they are 33 % more affordable than the average price for Somers. The properties with the highest average price have 4 bedrooms, Their price is 22 % more costly than the average. After that we have properties with 3 bedrooms priced at $393,278.
With regard to the average price per sq.feet , those properties with 4 bedrooms are the cheapest ones at a cost of $141 / sq.feet, with an average $163 / sq.feet price in Somers. The properties with the highest average prices have 1 bedroom. They are 21 % more expensive than the average followed by properties with 3 bedrooms with a price at $174 / sq.feet.