Property prices for sale in Sturgeon Bay (Wisconsin)
The prices in real estate in Sturgeon Bay, 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 Sturgeon Bay has increased strongly during the last 6 months. In October, the average price per sq.feet was $2,024. In the following month the price per sq.feet increased to $2,214. In the following two months the price per sq.feet has barely changed, going from $2,119 to $2,044 per sq.feet. The price per sq.feet has had a considerable increase of 153 % 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 $2,081.5 to $3,175 during February, and March.
Based upon to the price in Sturgeon Bay (cities), this has fallen considerably in the last 6 months. The average price for October is $502,362. During November the price had a slight fall till $457,704. During the following two months (December, January) the average price had a considerable reduction of 79 % with regard to the previous two months. During the last two months, the average price has reduced with regard to the previous ones. To be precise it has gone down 85 %, going from $429,972.5 to $367,139 in February and March.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $383,181 they are 20 % more affordable than the average price for Sturgeon Bay. The properties with the highest average price have 4 bedrooms, Their price is 72 % more costly than the average. After that we have properties with 3 bedrooms priced at $432,573.
With regard to the average price per sq.feet , those properties with 2 bedrooms are the cheapest ones at a cost of $326 / sq.feet, with an average $3,769 / sq.feet price in Sturgeon Bay. The properties with the lowest average prices have 4 bedrooms. They are 39 % cheaper than the average followed by properties with 3 bedrooms with a price at $1,367 / sq.feet.
The graph displaying the average prices displays the property type "Land" as the most affordable one. At an cost of $383,181 it is 51 % cheaper than the average price in Sturgeon Bay. "Condo" is seen as the second most affordable property type. The dearest property type is "House" followed by "Commercial". At a price of $424,980 it is 55 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "Commercial" at an average cost of $278 / sq.feet followed by "Condo" priced at $282 / sq.feet. "Land" is the most costly type of property with a $33,046 / sq.feet cost followed by "House" with an average price of $308 / sq.feet.
