The prices in real estate in Allegan, 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 Allegan has increased strongly during the last 6 months. In March, the average price per sq.feet was $44. In the following month the price per sq.feet increased considerably to $90. In the following two months the price per sq.feet has barely changed, going from $67 to $66 per sq.feet. The price per sq.feet has had a considerable increase of 340 % 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 $66.5 to $226 during July, and August.
Based upon to the price in Allegan (cities), this has fallen considerably in the last 6 months. The average price for March is $160,952. During April the price had a slight fall till $145,600. During the following two months (May, June) the average price had a considerable reduction of 70 % with regard to the previous two months. 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 $130,246.5 and $127,198.5 between July and August.
The graph showing the average price for bedrooms displays the property with the lowest price has 1 bedroom. It is 21 % cheaper than the average price of $109,561 in Allegan. Based on the bedrooms values, properties with the lowest prices are those with 1 bedroom. They are 21 % more affordable than the average aforementioned.
With regard to the average prices per sq.feet those properties with 1 bedroom are 14 % cheaper than the average price of ($67 / sq.feet) in Allegan. Properties with the most affordable price based upon to the number of bedrooms / sq.feet are those with 1 bedroom. They are 14 % cheaper than the average value aforementioned.
With regard to the average price based upon the property in Allegan we can see that the cheapest property type is "Apartment" at a price of $109,561, they are 21 % more affordable than the average price of (!PRECIO2!). "Apartment" has the lowest price. This price is 21 % more affordable than the average price aforementioned.
According to the average area cost by sq.feet the cheapest property type is "Apartment with an average price of $67 / sq.feet. "Apartment" with an average cost of $67 / sq.feet has the lowest price and would be directed at less affluent cities.