The prices in real estate in Two Rivers, 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 Two Rivers has increased strongly during the last 6 months. In October, the average price per sq.feet was $130. In November this price pretty much remained the same at a value of $126 per sq.feet. In the following two months the price per sq.feet has barely changed, going from $128 to $133.5 per sq.feet. The price per sq.feet has had a considerable increase of 306 % 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 $130.75 to $399.5 during February, and March.
Based upon to the price in Two Rivers (cities), this has gone up considerably in the last 6 months. In our first sample month during October, the average price is $205,920. In November This price remains at $204,840. During the following two months (December, January) the price has had an average incrementation from $205,380 to $234,273.5. Based on an analysis of the first four prices and the last two months the average price has risen strongly 123 % 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 $296,417 they are 79 % more affordable than the average price for Two Rivers. The properties with the highest average price have 4 bedrooms, Their price is 90 % more costly than the average. After that we have properties with 3 bedrooms priced at $197,858.
With regard to the average price per sq.feet , those properties with 1 bedroom are the cheapest ones at a cost of $80 / sq.feet, with an average $509 / sq.feet price in Two Rivers. The properties with the lowest average prices have 2 bedrooms. They are 69 % cheaper than the average followed by properties with 4 bedrooms with a price at $155 / sq.feet.
The graph displaying the average prices displays the property type "Land" as the most affordable one. At an cost of $296,417 it is 59 % cheaper than the average price in Two Rivers. "House" is seen as the second most affordable property type. The dearest property type is "Detached House" followed by "Commercial". At a price of $397,191 it is 76 % 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 $108 / sq.feet followed by "House" priced at $136 / sq.feet. "Land" is the most costly type of property with a $21,418 / sq.feet cost followed by "Detached House" with an average price of $182 / sq.feet.