The prices in real estate in Wausau, 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 Wausau has increased strongly during the last 6 months. In October, the average price per sq.feet was $150. In November this price pretty much remained the same at a value of $148 per sq.feet. The price for the following two months in (December, January) decreased 93 % with regard to the prior two months. The price per sq.feet has had a considerable increase of 2233 % 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 $143.75 to $3,210 during February, and March.
Based upon to the price in Wausau (cities), this has gone up in the last 6 months. The average price for October is $273,796. During November the price had a slight fall till $257,964. In the following two months the average price has remained the same with regard to the previous two months from $265,880 to $268,253.5. Based on an analysis of the first four prices and the last two months the average price has risen strongly 144 % 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 $360,437 they are 68 % more affordable than the average price for Wausau. The properties with the lowest average price have 3 bedrooms, Their price is 11 % cheaper than the average. After that we have properties with 4 bedrooms priced at $293,682.
With regard to the average price per sq.feet , those properties with 4 bedrooms are the cheapest ones at a cost of $125 / sq.feet, with an average $2,738 / sq.feet price in Wausau. The properties with the lowest average prices have 3 bedrooms. They are 94 % cheaper than the average followed by properties with 2 bedrooms with a price at $156 / sq.feet.
The graph displaying the average prices displays the property type "Office" as the most affordable one. At an cost of $360,437 it is 74 % cheaper than the average price in Wausau. "Land" is seen as the second most affordable property type. The cheapest type property is "House" followed by "Condo". At a price of $241,442 it is 5 % more affordable than the average price.
According to the average cost per sq.feet, the cheapest property type is "Office" at an average cost of $21 / sq.feet followed by "Condo" priced at $128 / sq.feet. "Land" is the most costly type of property with a $73,247 / sq.feet cost followed by "House" with an average price of $147 / sq.feet.