The prices in real estate in Wellington, in the Kansas 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 Wellington has increased strongly during the last 6 months. In October, the average price per sq.feet was $76. In the following month the price per sq.feet increased to $81. The price for the following two months in (December, January) had a considerable increment of 143 %. The price per sq.feet has had a considerable increase of 709 % 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 $95.25 to $675 during February, and March.
Based upon to the price in Wellington (cities), this has gone up considerably in the last 6 months. The price in October is $122,650, rising in November till $132,690. In the following two months the average price has remained the same with regard to the previous two months from $127,670 to $133,441. Based on an analysis of the first four prices and the last two months the average price has risen strongly 135 % during the last two months.
The graph displaying the average price for bedrooms illustrates that those properties with 2 bedrooms are the cheapest ones. At a price of $179,987 they are 58 % more affordable than the average price for Wellington. The properties with the highest average price have 4 bedrooms, Their price is 18 % more costly than the average. After that we have properties with 1 bedroom priced at $207,915.
With regard to the average price per sq.feet , those properties with 2 bedrooms are the cheapest ones at a cost of $78 / sq.feet, with an average $953 / sq.feet price in Wellington. The properties with the lowest average prices have 1 bedroom. They are 81 % cheaper than the average followed by properties with 4 bedrooms with a price at $86 / sq.feet.
The graph displaying the average prices displays the property type "Townhouse" as the most affordable one. At an cost of $179,987 it is 62 % cheaper than the average price in Wellington. "House" is seen as the second most affordable property type. The cheapest type property is "House" followed by "Townhouse". At a price of $67,637 it is 26 % more affordable than the average price.
According to the average cost per sq.feet, the cheapest property type is "Townhouse" at an average cost of $3 / sq.feet followed by "House" priced at $78 / sq.feet. "House" is the cheapest type of property with a $78 / sq.feet value followed by "Townhouse" with an average price of $3 / sq.feet.