The prices in real estate in Two Rivers, in the Wisconsin region have had a strong fall in the last couple of months. The real estate prices for second hand homes have gone through a strong fall in this city.
The price per sq.feet in Two Rivers has had a strong decrease during the last 6 months. In April, the average price per sq.feet was $7,777. In the following month the price per sq.feet decreased to $6,985. The price for the following two months in (June, July) had a considerable decrease of 76 with regard to the prior two months. The price per sq.feet has had a considerable deflation of 70 % 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 $6,507.5 to $4,533.5 during August, and September.
Based upon to the price in Two Rivers (cities), this has gone downing the last 6 months. The price in April is $139,013, rising in May till $151,500. During the following two months (June, July) the average price had a considerable reduction of 83 % with regard to the previous two months. During the last two months the average price has had a strong fall compared to the previous four going from $132,754 to $107,323, which means a 81 % fall.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $98,446 they are 49 % more affordable than the average price for Two Rivers. The properties with the highest average price have 3 bedrooms, Their price is 22 % more costly than the average. After that we have properties with 2 bedrooms priced at $97,175.
With regard to the average price per sq.feet , those properties with 2 bedrooms are the cheapest ones at a cost of $395 / sq.feet, with an average $4,745 / sq.feet price in Two Rivers. The properties with the lowest average prices have 1 bedroom. They are 71 % cheaper than the average followed by properties with 4 bedrooms with a price at $822 / sq.feet.
The graph displaying the average prices displays the property type "House" as the most affordable one. At an cost of $98,446 it is 9 % cheaper than the average price in Two Rivers. "Commercial Property" is seen as the second most affordable property type. The cheapest type property is "Commercial Property" followed by "House". At a price of $89,370 it is 5 % more affordable than the average price.
According to the average cost per sq.feet, the cheapest property type is "House" at an average cost of $822 / sq.feet followed by "Commercial Property" priced at $2,693 / sq.feet. "Commercial Property" is the cheapest type of property with a $2,693 / sq.feet value followed by "House" with an average price of $822 / sq.feet.