The prices in real estate in Alden, 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 Alden has increased strongly during the last 6 months. In October, the average price per sq.feet was $402. In the following month the price per sq.feet increased considerably to $3,067. The price for the following two months in (December, January) had a considerable increment of 145 %. The price per sq.feet has had a considerable increase of 538 % 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 $2,123.25 to $11,417.5 during February, and March.
Based upon to the price in Alden (cities), this has fallen considerably in the last 6 months. The average price for October is $1,239,760. During November the price had a considerable reduction till $830,539. In the following two months the average price has remained the same with regard to the previous two months from $1,035,149.5 to $1,082,091.5. During the last two months the average price has had a strong fall compared to the previous four going from $1,058,620.5 to $767,156, which means a 72 % fall.