Property prices for sale in Albion (Michigan)
The prices in real estate in Albion, 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 Albion has increased strongly during the last 6 months. In November, the average price per sq.feet was $110. In December this price pretty much remained the same at a value of $108 per sq.feet. The price for the following two months in (January, February) had a considerable increment of 151 %. The price per sq.feet has had a considerable deflation of 75 % 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 $136.75 to $103 during March, and April.
Based upon to the price in Albion (cities), these have remained the same in the last 6 months. The average price for November is $163,571. During December the price had a slight fall till $152,841. In the following two months the average price has remained the same with regard to the previous two months from $158,206 to $162,506. 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 $160,356 and $162,117.5 between March and April.
The graph displaying the average price for bedrooms illustrates that those properties with 2 bedrooms are the cheapest ones. At a price of $165,096 they are 63 % more affordable than the average price for Albion. The properties with the highest average price have 4 bedrooms, Their price is 15 % more costly than the average. After that we have properties with 3 bedrooms priced at $174,510.
With regard to the average price per sq.feet , those properties with 1 bedroom are the cheapest ones at a cost of $4 / sq.feet, with an average $104 / sq.feet price in Albion. The properties with the lowest average prices have 3 bedrooms. They are 26 % cheaper than the average followed by properties with 2 bedrooms with a price at $32 / sq.feet.
The graph displaying the average prices displays the property type "" as the most affordable one. At an cost of $165,096 it is 90 % cheaper than the average price in Albion. "House" is seen as the second most affordable property type. The cheapest type property is "House" followed by "". At a price of $17,309 it is 20 % more affordable than the average price.
According to the average area cost by sq.feet the cheapest property type is "House with an average price of $74 / sq.feet. "House" with an average cost of $74 / sq.feet has the lowest price and would be directed at less affluent cities.
