Property prices for sale in Washington Island (Wisconsin)
The prices in real estate in Washington Island, 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 Washington Island has had a strong decrease during the last 6 months. In October, the average price per sq.feet was $9,003. In the following month the price per sq.feet decreased considerably to $4,437. The price for the following two months in (December, January) had a considerable decrease of 3 with regard to the prior two months. The price per sq.feet has had a considerable deflation of 72 % 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 $3,459.75 to $2,479 during February, and March.
Based upon to the price in Washington Island (cities), these have remained the same in the last 6 months. The price in October is $590,413, rising in November till $676,400. During the following two months (December, January) the average price had a considerable reduction of 51 % with regard to the previous two months. Based on an analysis of the first four prices and the last two months the average price has risen strongly 165 % during the last two months.
