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 November, the average price per sq.feet was $63. In the following month the price per sq.feet decreased to $56. The price for the following two months in (January, February) had a considerable increment of 532 %. The price per sq.feet has had a considerable increase of 140 % 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 $188 to $264 during March, and April.
Based upon to the price in Wellington (cities), this has gone up considerably in the last 6 months. The average price for November is $90,941. During December the price had a slight fall till $80,325. During the following two months (January, February) the average price had a considerable increase of 130 % 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 138 % during the last two months.
The graph displaying the average price for bedrooms illustrates that those properties with 3 bedrooms are the cheapest ones. At a price of $150,372 they are 77 % more affordable than the average price for Wellington. The properties with the lowest average price have 1 bedroom, Their price is 53 % cheaper than the average. After that we have properties with 3 bedrooms priced at $34,661.
With regard to the average price per sq.feet , those properties with 3 bedrooms are the cheapest ones at a cost of $7 / sq.feet, with an average $49 / sq.feet price in Wellington. The properties with the lowest average prices have 1 bedroom. They are 0 % cheaper than the average followed by properties with 3 bedrooms with a price at $7 / sq.feet.
The graph displaying the average prices displays the property type "Apartment" as the most affordable one. At an cost of $150,372 it is 76 % cheaper than the average price in Wellington. "Townhouse" is seen as the second most affordable property type. The cheapest type property is "Townhouse" followed by "Apartment". At a price of $36,234 it is 53 % more affordable than the average price.
According to the average cost per sq.feet, the cheapest property type is "Apartment" at an average cost of $4 / sq.feet followed by "Townhouse" priced at $48 / sq.feet. "Townhouse" is the cheapest type of property with a $48 / sq.feet value followed by "Apartment" with an average price of $4 / sq.feet.