The prices in real estate in Waterford, 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 Waterford has increased strongly during the last 6 months. In November, the average price per sq.feet was $705. In the following month the price per sq.feet decreased considerably to $245. The price for the following two months in (January, February) had a considerable increment of 598 %. 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 $1,658 to $5,067 during March, and April.
Based upon to the price in Waterford (cities), these have remained the same in the last 6 months. In our first sample month during November, the average price is $422,454. In December This price remains at $417,481. During the following two months (January, February) the average price fell 94 % with regard to the previous two months. During the last two months, the average price has pretty much remained the same with regard to the previous average values going from an average value of $406,757.75 and $411,212.5 between March and April.
The graph displaying the average price for bedrooms illustrates that those properties with 3 bedrooms are the most costly ones. At a price of $447,252 they are 21 % more expensive than the average price for Waterford. Following this ranking we find those properties with 4 at an average price of $545,213. The properties with the highest average price have 1 bedroom, Their price is 249 % more costly than the average. After that we have properties with 2 bedrooms priced at $685,099.
With regard to the average price per sq.feet , those properties with 1 bedroom are the cheapest ones at a cost of $34 / sq.feet, with an average $278 / sq.feet price in Waterford. The properties with the highest average prices have 2 bedrooms. They are 73 % more expensive than the average followed by properties with 3 bedrooms with a price at $254 / sq.feet.
The graph displaying the average prices displays the property type "Farm" as the most affordable one. At an cost of $447,252 it is 41 % cheaper than the average price in Waterford. "Condo" is seen as the second most affordable property type. The dearest property type is "House" followed by "Condo". At a price of $273,800 it is 14 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "Farm" at an average cost of $134 / sq.feet followed by "Condo" priced at $147 / sq.feet. "House" is the cheapest type of property with a $267 / sq.feet value followed by "Condo" with an average price of $147 / sq.feet.