The prices in real estate in Stevens Point, 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 Stevens Point has increased strongly during the last 6 months. In April, the average price per sq.feet was $114. In the following month the price per sq.feet increased to $127. In the following two months the price per sq.feet has increased 108 %, going from $120.5 to $130.5 per sq.feet. The price per sq.feet has increased 110 % 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 $125.5 to $137.5 during August, and September.
Based upon to the price in Stevens Point (cities), this has gone up considerably in the last 6 months. The average price during our first sample month during April, is $221,509. During May the price went through a considerable rise reaching $259,464. During the following two months (June, July) the price has had an average incrementation from $240,486.5 to $272,504.5. Based on an analysis of the first four prices and the last two months the average price has risen strongly 125 % during the last two months.
The graph displaying the average price for bedrooms illustrates that those properties with 4 bedrooms are the cheapest ones. At a price of $330,474 they are 51 % more affordable than the average price for Stevens Point. The properties with the lowest average price have 1 bedroom, Their price is 50 % cheaper than the average. After that we have properties with 3 bedrooms priced at $163,926.
With regard to the average price per sq.feet , those properties with 4 bedrooms are the cheapest ones at a cost of $58 / sq.feet, with an average $140 / sq.feet price in Stevens Point. The properties with the lowest average prices have 1 bedroom. They are 37 % cheaper than the average followed by properties with 3 bedrooms with a price at $73 / sq.feet.
The graph displaying the average prices displays the property type "Townhouse" as the most affordable one. At an cost of $330,474 it is 77 % cheaper than the average price in Stevens Point. "Apartment" is seen as the second most affordable property type. The cheapest type property is "Apartment" followed by "Townhouse". At a price of $75,417 it is 51 % 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 $52 / sq.feet followed by "Apartment" priced at $58 / sq.feet. "Apartment" is the cheapest type of property with a $58 / sq.feet value followed by "Townhouse" with an average price of $52 / sq.feet.