The prices in real estate in West Bend, in the Wisconsin region have had a minor fall in the last couple of months. The real estate prices for second hand homes have fallen in this city
The price per sq.feet in West Bend has fallen in the last 6 months. In April, the average price per sq.feet was $162. In the following month the price per sq.feet decreased considerably to $134. In the following two months the price per sq.feet has barely changed, going from $148 to $154.5 per sq.feet. The price per sq.feet has decreased 88 % 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 $151.25 to $133 during August, and September.
Based upon to the price in West Bend (cities), these have remained the same in the last 6 months. In our first sample month during April, the average price is $247,226. In May This price remains at $256,592. In the following two months the average price has remained the same with regard to the previous two months from $251,909 to $244,766.5. 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 $248,337.75 and $256,353 between August and September.
The graph displaying the average price for bedrooms illustrates that those properties with 2 bedrooms are the cheapest ones. At a price of $258,939 they are 47 % more affordable than the average price for West Bend. The properties with the highest average price have 4 bedrooms, Their price is 26 % more costly than the average. After that we have properties with 1 bedroom priced at $281,038.
With regard to the average price per sq.feet , those properties with 3 bedrooms are the cheapest ones at a cost of $132 / sq.feet, with an average $132 / sq.feet price in West Bend. The properties with the highest average prices have 2 bedrooms. They are 192 % more expensive than the average followed by properties with 1 bedroom with a price at $168 / sq.feet.
The graph displaying the average prices displays the property type "Condo" as the most affordable one. At an cost of $258,939 it is 60 % cheaper than the average price in West Bend. "Office" is seen as the second most affordable property type. The dearest property type is "House" followed by "Townhouse". At a price of $286,119 it is 15 % 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 $132 / sq.feet followed by "House" priced at $148 / sq.feet. "Condo" is the most costly type of property with a $746 / sq.feet cost followed by "Office" with an average price of $632 / sq.feet.