The prices in real estate in Wentzville, in the Missouri 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 Wentzville has increased strongly during the last 6 months. In August, the average price per sq.feet was $133. In the following month the price per sq.feet increased to $140. In the following two months the price per sq.feet has barely changed, going from $136.5 to $141.5 per sq.feet. The price per sq.feet has had a considerable increase of 325 % 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 $139 to $451.5 during December, and January.
Based upon to the price in Wentzville (cities), these have remained the same in the last 6 months. The price in August is $302,060, rising in September till $320,334. In the following two months the average price has remained the same with regard to the previous two months from $311,197 to $326,119.5. During the last two months, the average price has reduced with regard to the previous ones. To be precise it has gone down 94 %, going from $318,658.25 to $299,423.5 in December and January.
The graph displaying the average price for bedrooms illustrates that those properties with 2 bedrooms are the most costly ones. At a price of $295,490 they are 3 % more expensive than the average price for Wentzville. Following this ranking we find those properties with 1 at an average price of $335,818. The properties with the highest average price have 1 bedroom, Their price is 14 % more costly than the average. After that we have properties with 2 bedrooms priced at $305,432.
With regard to the average price per sq.feet , those properties with 2 bedrooms are the cheapest ones at a cost of $125 / sq.feet, with an average $760 / sq.feet price in Wentzville. The properties with the lowest average prices have 1 bedroom. They are 83 % cheaper than the average followed by properties with 2 bedrooms with a price at $125 / sq.feet.
The graph displaying the average prices displays the property type "Commercial Property" as the most costly one. At an cost of $295,490 it is 1 % more expensive than the average price in Wentzville. "House" is seen as the second dearest property type. The dearest property type is "Farm" followed by "House". At a price of $305,432 it is 16 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "Commercial Property" at an average cost of $101 / sq.feet followed by "House" priced at $125 / sq.feet. "Farm" is the cheapest type of property with a $126 / sq.feet value followed by "House" with an average price of $125 / sq.feet.