The prices in real estate in Allen Park, 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 Allen Park has increased strongly during the last 6 months. In May, the average price per sq.feet was $1,308. In the following month the price per sq.feet decreased considerably to $104. The price for the following two months in (July, August) had a considerable increment of 205 %. The price per sq.feet has had a considerable increase of 264 % 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 $1,075.75 to $2,839 during September, and October.
Based upon to the price in Allen Park (cities), these have remained the same in the last 6 months. The average price for May is $109,633. During June the price had a considerable reduction till $92,950. In the following two months the average price has remained the same with regard to the previous two months from $101,291.5 to $104,527. Based on an analysis of the first four prices and the last two months the average price has gone up 113 % during the last two months.
The graph showing the average price for bedrooms displays the property with the most expensive price has 1 bedroom. It is 5 % more costly than the average price of $121,806 in Allen Park. Based on the bedrooms values, properties with the highest prices are those with 1 bedroom. They are 5 % more expensive than the average aforementioned.
With regard to the average prices per sq.feet those properties with 1 bedroom are 19 % cheaper than the average price of ($1,941 / sq.feet) in Allen Park. Properties with the most affordable price based upon to the number of bedrooms / sq.feet are those with 1 bedroom. They are 19 % cheaper than the average value aforementioned.
With regard to the average price based upon the property in Allen Park we can see that most expensive property type is "Apartment" at a price of $121,806, they are 5 % more costly than the average price of (!PRECIO2!). "Apartment" has the highest price. This price is 5 % more expensive 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 $1,941 / sq.feet. "Apartment" with an average cost of $1,941 / sq.feet has the lowest price and would be directed at less affluent cities.