The prices in real estate in Sun Prairie, 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 Sun Prairie has increased strongly during the last 6 months. In November, the average price per sq.feet was $147. In December this price pretty much remained the same at a value of $151 per sq.feet. In the following two months the price per sq.feet has barely changed, going from $149 to $155.5 per sq.feet. The price per sq.feet has had a considerable increase of 897 % 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 $152.25 to $1,366 during March, and April.
Based upon to the price in Sun Prairie (cities), these have remained the same in the last 6 months. In our first sample month during November, the average price is $325,916. In December This price remains at $329,075. In the following two months the average price has remained the same with regard to the previous two months from $327,495.5 to $342,043. During the last two months, the average price has reduced with regard to the previous ones. To be precise it has gone down 86 %, going from $334,769.25 to $286,270 in March and April.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $278,061 they are 39 % more affordable than the average price for Sun Prairie. The properties with the highest average price have 4 bedrooms, Their price is 34 % more costly than the average. After that we have properties with 3 bedrooms priced at $300,961.
With regard to the average price per sq.feet , those properties with 4 bedrooms are the cheapest ones at a cost of $145 / sq.feet, with an average $1,869 / sq.feet price in Sun Prairie. The properties with the lowest average prices have 1 bedroom. They are 84 % cheaper than the average followed by properties with 3 bedrooms with a price at $159 / sq.feet.
The graph displaying the average prices displays the property type "Condo" as the most affordable one. At an cost of $278,061 it is 9 % cheaper than the average price in Sun Prairie. "House" is seen as the second most affordable property type. The dearest property type is "Duplex" followed by "House". At a price of $350,604 it is 27 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "Duplex" at an average cost of $152 / sq.feet followed by "House" priced at $163 / sq.feet. "Condo" is the cheapest type of property with a $1,425 / sq.feet value followed by "House" with an average price of $163 / sq.feet.