Property prices for sale in Ann Arbor (Michigan)
The prices in real estate in Ann Arbor, in the Michigan region have remained the same in the last couple of months. The real estate prices for second hand homes have remained in this city.
The price per sq.feet in Ann Arbor has remained the same in the last 6 months. In October, the average price per sq.feet was $301. In November this price pretty much remained the same at a value of $294 per sq.feet. In the following two months the price per sq.feet has barely changed, going from $297.5 to $307 per sq.feet. The price per sq.feet has increased 105 % 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 $302.25 to $318 during February, and March.
Based upon to the price in Ann Arbor (cities), these have remained the same in the last 6 months. The average price for October is $639,203. During November the price had a slight fall till $589,355. During the following two months (December, January) the price has had an average incrementation from $614,279 to $646,041.5. 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 $630,160.25 and $627,132.5 between February and March.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $658,619 they are 45 % more affordable than the average price for Ann Arbor. The properties with the highest average price have 4 bedrooms, Their price is 16 % more costly than the average. After that we have properties with 3 bedrooms priced at $579,593.
With regard to the average price per sq.feet , those properties with 4 bedrooms are the cheapest ones at a cost of $294 / sq.feet, with an average $330 / sq.feet price in Ann Arbor. The properties with the highest average prices have 1 bedroom. They are 20 % more expensive than the average followed by properties with 2 bedrooms with a price at $342 / sq.feet.
The graph displaying the average prices displays the property type "Land" as the most affordable one. At an cost of $658,619 it is 58 % cheaper than the average price in Ann Arbor. "Apartment" is seen as the second most affordable property type. The dearest property type is "Detached House" followed by "House". At a price of $797,318 it is 282 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "Townhouse" at an average cost of $219 / sq.feet followed by "Apartment" priced at $256 / sq.feet. "Land" is the most costly type of property with a $146,462 / sq.feet cost followed by "Detached House" with an average price of $401 / sq.feet.
