Property prices for sale in Somerset (Wisconsin)
The prices in real estate in Somerset, 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 Somerset has increased strongly during the last 6 months. In October, the average price per sq.feet was $237. In the following month the price per sq.feet increased to $256. The price for the following two months in (December, January) decreased 91 % with regard to the prior two months. The price per sq.feet has had a considerable increase of 2779 % 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 $235.75 to $6,551.5 during February, and March.
Based upon to the price in Somerset (cities), these have remained the same in the last 6 months. In our first sample month during October, the average price is $468,576. In November This price remains at $469,002. In the following two months the average price has remained the same with regard to the previous two months from $468,789 to $491,756.5. During the last two months, the average price has reduced with regard to the previous ones. To be precise it has gone down 89 %, going from $480,272.75 to $428,077.5 in February and March.
The graph showing the average price for bedrooms displays the property with the lowest price has 1 bedroom. It is 21 % cheaper than the average price of $343,529 in Somerset. Based on the bedrooms values, properties with the lowest prices are those with 1 bedroom. They are 21 % more affordable than the average aforementioned.
With regard to the average prices per sq.feet those properties with 1 bedroom are 98 % cheaper than the average price of ($104 / sq.feet) in Somerset. Properties with the most affordable price based upon to the number of bedrooms / sq.feet are those with 1 bedroom. They are 98 % cheaper than the average value aforementioned.
The graph displaying the average prices displays the property type "Townhouse" as the most affordable one. At an cost of $436,251 it is 49 % cheaper than the average price in Somerset. "House" is seen as the second most affordable property type. The cheapest type property is "House" followed by "Townhouse". At a price of $220,580 it is 21 % more affordable than the average price.
According to the average cost per sq.feet, the cheapest property type is "Townhouse" at an average cost of $99 / sq.feet followed by "House" priced at $104 / sq.feet. "House" is the cheapest type of property with a $104 / sq.feet value followed by "Townhouse" with an average price of $99 / sq.feet.
