The prices in real estate in Allegan, in the Michigan region have had a minor rise in the last couple of months. The real estate prices for second hand homes have risen in this city.
The price per sq.feet in Allegan has increased during the last 6 months. In March, the average price per sq.feet was $110. In April this price pretty much remained the same at a value of $112 per sq.feet. In the following two months the price per sq.feet has increased 106 %, going from $111 to $118 per sq.feet. The price per sq.feet has increased 106 % 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 $114.5 to $121 during July, and August.
Based upon to the price in Allegan (cities), these have remained the same in the last 6 months. In our first sample month during March, the average price is $239,012. In April This price remains at $235,492. In the following two months the average price has remained the same with regard to the previous two months from $237,252 to $247,816. 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 $242,534 and $236,937 between July and August.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $239,103 they are 39 % more affordable than the average price for Allegan. The properties with the highest average price have 4 bedrooms, Their price is 53 % more costly than the average. After that we have properties with 3 bedrooms priced at $260,282.
With regard to the average price per sq.feet , those properties with 2 bedrooms are the cheapest ones at a cost of $111 / sq.feet, with an average $120 / sq.feet price in Allegan. The properties with the highest average prices have 1 bedroom. They are 13 % more expensive than the average followed by properties with 3 bedrooms with a price at $131 / sq.feet.
The graph displaying the average prices displays the property type "" as the most affordable one. At an cost of $239,103 it is 85 % cheaper than the average price in Allegan. "Office" is seen as the second most affordable property type. The dearest property type is "House" followed by "Office". At a price of $108,247 it is 3 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "Office" at an average cost of $55 / sq.feet followed by "House" priced at $123 / sq.feet. "House" is the most costly type of property with a $123 / sq.feet cost followed by "Office" with an average price of $55 / sq.feet.