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 February, the average price per sq.feet was $183. In March this price pretty much remained the same at a value of $181 per sq.feet. In the following two months the price per sq.feet has barely changed, going from $182 to $179.5 per sq.feet. The price per sq.feet has had a considerable increase of 318 % 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 $180.75 to $575.5 during June, and July.
Based upon to the price in Sun Prairie (cities), this has gone up considerably in the last 6 months. The average price during our first sample month during February, is $403,767. During March the price went through a considerable rise reaching $483,406. In the following two months the average price has remained the same with regard to the previous two months from $443,586.5 to $442,610. Based on an analysis of the first four prices and the last two months the average price has risen strongly 254 % 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 $1,802,351 they are 82 % more affordable than the average price for Sun Prairie. The properties with the lowest average price have 4 bedrooms, Their price is 80 % cheaper than the average. After that we have properties with 1 bedroom priced at $326,421.
With regard to the average price per sq.feet , those properties with 4 bedrooms are the cheapest ones at a cost of $130 / sq.feet, with an average $959 / 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 4 bedrooms with a price at $130 / sq.feet.
The graph displaying the average prices displays the property type "Condo" as the most affordable one. At an cost of $1,802,351 it is 86 % cheaper than the average price in Sun Prairie. "House" is seen as the second most affordable property type. The cheapest type property is "Duplex" followed by "House". At a price of $345,374 it is 81 % more affordable than the average price.
According to the average cost per sq.feet, the cheapest property type is "Duplex" at an average cost of $137 / sq.feet followed by "House" priced at $148 / sq.feet. "Condo" is the most costly type of property with a $1,395 / sq.feet cost followed by "House" with an average price of $148 / sq.feet.