The prices in real estate in Auburn Hills, 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 Auburn Hills has remained the same in the last 6 months. In May, the average price per sq.feet was $166. In June this price pretty much remained the same at a value of $159 per sq.feet. In the following two months the price per sq.feet has increased 113 %, going from $162.5 to $183 per sq.feet. The price per sq.feet has barely changed in the last two months compared to the average price of the previous four months going from an average price of $172.75 to $172 during September y October
Based upon to the price in Auburn Hills (cities), this has gone up in the last 6 months. In our first sample month during May, the average price is $252,015. In June This price remains at $258,126. During the following two months (July, August) the average price had a considerable increase of 123 % with regard to the previous two months. During the last two months, the average price has reduced with regard to the previous ones. To be precise it has gone down 94 %, going from $284,283.5 to $267,739 in September and October.
The graph displaying the average price for bedrooms illustrates that those properties with 3 bedrooms are the cheapest ones. At a price of $264,073 they are 89 % more affordable than the average price for Auburn Hills. The properties with the lowest average price have 1 bedroom, Their price is 2 % cheaper than the average. After that we have properties with 4 bedrooms priced at $204,568.
With regard to the average price per sq.feet , those properties with 3 bedrooms are the cheapest ones at a cost of $19 / sq.feet, with an average $173 / sq.feet price in Auburn Hills. The properties with the lowest average prices have 1 bedroom. They are 5 % cheaper than the average followed by properties with 2 bedrooms with a price at $163 / sq.feet.
The graph displaying the average prices displays the property type "Condo" as the most affordable one. At an cost of $264,073 it is 54 % cheaper than the average price in Auburn Hills. "Apartment" is seen as the second most affordable property type. The cheapest type property is "Commercial Property" followed by "Apartment". At a price of $204,568 it is 4 % more affordable than the average price.
According to the average cost per sq.feet, the cheapest property type is "Condo" at an average cost of $50 / sq.feet followed by "Commercial Property" priced at $88 / sq.feet. "Apartment" is the cheapest type of property with a $108 / sq.feet value followed by "Commercial Property" with an average price of $88 / sq.feet.