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 December, the average price per sq.feet was $170. In January this price pretty much remained the same at a value of $177 per sq.feet. In the following two months the price per sq.feet has barely changed, going from $173.5 to $168 per sq.feet. The price per sq.feet has increased 110 % 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 $170.75 to $187.5 during April, and May.
Based upon to the price in Auburn Hills (cities), this has gone up considerably in the last 6 months. The price in December is $249,877, rising in January till $277,515. During the following two months (February, March) the price has had an average incrementation from $263,696 to $284,623. Based on an analysis of the first four prices and the last two months the average price has risen strongly 119 % 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 $329,072 they are 69 % more affordable than the average price for Auburn Hills. The properties with the lowest average price have 2 bedrooms, Their price is 18 % cheaper than the average. After that we have properties with 3 bedrooms priced at $236,276.
With regard to the average price per sq.feet , those properties with 4 bedrooms are the cheapest ones at a cost of $101 / sq.feet, with an average $186 / sq.feet price in Auburn Hills. The properties with the lowest average prices have 2 bedrooms. They are 0 % cheaper than the average followed by properties with 3 bedrooms with a price at $145 / sq.feet.
The graph displaying the average prices displays the property type "Condo" as the most affordable one. At an cost of $329,072 it is 63 % 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 $203,137 it is 23 % 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 $43 / sq.feet followed by "Commercial Property" priced at $81 / sq.feet. "Apartment" is the cheapest type of property with a $101 / sq.feet value followed by "Commercial Property" with an average price of $81 / sq.feet.