Property prices for sale in East Lansing (Michigan)
The prices in real estate in East Lansing, in the Michigan 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 East Lansing has fallen in the last 6 months. In October, the average price per sq.feet was $153. In the following month the price per sq.feet decreased to $131. In the following two months the price per sq.feet has barely changed, going from $142 to $137.5 per sq.feet. The price per sq.feet has barely changed in the last two months compared to the average price of the previous four months going from an average price of $139.75 to $145.5 during February y March
Based upon to the price in East Lansing (cities), this has gone up in the last 6 months. The price in October is $323,393, rising in November till $353,055. In the following two months the average price has remained the same with regard to the previous two months from $338,224 to $340,677. Based on an analysis of the first four prices and the last two months the average price has gone up 105 % 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 $349,724 they are 82 % more affordable than the average price for East Lansing. The properties with the highest average price have 4 bedrooms, Their price is 27 % more costly than the average. After that we have properties with 3 bedrooms priced at $288,267.
With regard to the average price per sq.feet , those properties with 1 bedroom are the cheapest ones at a cost of $88 / sq.feet, with an average $143 / sq.feet price in East Lansing. The properties with the highest average prices have 2 bedrooms. They are 15 % more expensive than the average followed by properties with 4 bedrooms with a price at $145 / sq.feet.
The graph displaying the average prices displays the property type "Land" as the most affordable one. At an cost of $349,724 it is 51 % cheaper than the average price in East Lansing. "Condo" is seen as the second most affordable property type. The dearest property type is "House" followed by "Detached House". At a price of $365,048 it is 6 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "Office" at an average cost of $33 / sq.feet followed by "Condo" priced at $135 / sq.feet. "Land" is the most costly type of property with a $114,325 / sq.feet cost followed by "Detached House" with an average price of $148 / sq.feet.
