Property prices for sale in Allegan (Michigan)
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 October, the average price per sq.feet was $199. In November this price pretty much remained the same at a value of $199 per sq.feet. In the following two months the price per sq.feet has barely changed, going from $199 to $207 per sq.feet. The price per sq.feet has had a considerable increase of 296 % 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 $203 to $601 during February, and March.
Based upon to the price in Allegan (cities), this has gone up in the last 6 months. In our first sample month during October, the average price is $319,747. In November This price remains at $317,246. In the following two months the average price has remained the same with regard to the previous two months from $318,496.5 to $326,396. Based on an analysis of the first four prices and the last two months the average price has gone up 115 % 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 $349,073 they are 75 % more affordable than the average price for Allegan. The properties with the highest average price have 4 bedrooms, Their price is 14 % more costly than the average. After that we have properties with 3 bedrooms priced at $304,396.
With regard to the average price per sq.feet , those properties with 2 bedrooms are the cheapest ones at a cost of $96 / sq.feet, with an average $975 / sq.feet price in Allegan. The properties with the lowest average prices have 4 bedrooms. They are 82 % cheaper than the average followed by properties with 3 bedrooms with a price at $164 / sq.feet.
The graph displaying the average prices displays the property type "Condo" as the most affordable one. At an cost of $349,073 it is 64 % cheaper than the average price in Allegan. "Land" is seen as the second most affordable property type. The dearest property type is "Detached House" followed by "House". At a price of $331,207 it is 14 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "Condo" at an average cost of $180 / sq.feet followed by "House" priced at $198 / sq.feet. "Land" is the most costly type of property with a $33,279 / sq.feet cost followed by "Detached House" with an average price of $208 / sq.feet.
