Property prices for sale in New Buffalo (Michigan)
The prices in real estate in New Buffalo, 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 New Buffalo has increased strongly during the last 6 months. In November, the average price per sq.feet was $401. In the following month the price per sq.feet increased to $441. The price for the following two months in (January, February) had a considerable increment of 129 %. 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 $481.75 to $485 during March y April
Based upon to the price in New Buffalo (cities), these have remained the same in the last 6 months. In our first sample month during November, the average price is $1,040,980. In December This price remains at $1,044,598. In the following two months the average price has remained the same with regard to the previous two months from $1,042,789 to $1,022,852. Based on an analysis of the first four prices and the last two months the average price has gone up 109 % 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 $1,182,170 they are 54 % more affordable than the average price for New Buffalo. The properties with the highest average price have 4 bedrooms, Their price is 20 % more costly than the average. After that we have properties with 2 bedrooms priced at $589,667.
With regard to the average price per sq.feet , those properties with 3 bedrooms are the cheapest ones at a cost of $368 / sq.feet, with an average $465 / sq.feet price in New Buffalo. The properties with the highest average prices have 1 bedroom. They are 71 % more expensive than the average followed by properties with 4 bedrooms with a price at $425 / sq.feet.
The graph displaying the average prices displays the property type "Commercial" as the most affordable one. At an cost of $1,182,170 it is 48 % cheaper than the average price in New Buffalo. "Condo" is seen as the second most affordable property type. The dearest property type is "House" followed by "Land". At a price of $812,700 it is 4 % 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 $151 / sq.feet followed by "House" priced at $432 / sq.feet. "Land" is the most costly type of property with a $269,404 / sq.feet cost followed by "Condo" with an average price of $506 / sq.feet.
