The prices in real estate in Kalkaska, in the Michigan 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 Kalkaska has increased strongly during the last 6 months. In October, the average price per sq.feet was $420. In the following month the price per sq.feet decreased considerably to $288. The price for the following two months in (December, January) had a considerable increment of 134 %. The price per sq.feet has had a considerable increase of 412 % 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 $414 to $1,705 during February, and March.
Based upon to the price in Kalkaska (cities), this has gone up in the last 6 months. In our first sample month during October, the average price is $164,221. In November This price remains at $156,259. In the following two months the average price has remained the same with regard to the previous two months from $160,240 to $161,747.5. Based on an analysis of the first four prices and the last two months the average price has risen strongly 133 % 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 $174,670 they are 46 % more affordable than the average price for Kalkaska. The properties with the highest average price have 4 bedrooms, Their price is 150 % more costly than the average. After that we have properties with 3 bedrooms priced at $335,420.
With regard to the average price per sq.feet , those properties with 1 bedroom are the cheapest ones at a cost of $336 / sq.feet, with an average $1,690 / sq.feet price in Kalkaska. The properties with the highest average prices have 4 bedrooms. They are 32 % more expensive than the average followed by properties with 2 bedrooms with a price at $1,574 / sq.feet.
The graph displaying the average prices displays the property type "Land" as the most affordable one. At an cost of $174,670 it is 74 % cheaper than the average price in Kalkaska. "House" is seen as the second most affordable property type. The dearest property type is "Commercial" followed by "House". At a price of $317,022 it is 482 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "Commercial" at an average cost of $212 / sq.feet followed by "House" priced at $909 / sq.feet. "Land" is the most costly type of property with a $8,205 / sq.feet cost followed by "House" with an average price of $909 / sq.feet.