The prices in real estate in Battle Creek, 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 Battle Creek has increased strongly during the last 6 months. In May, the average price per sq.feet was $88. In the following month the price per sq.feet increased considerably to $279. The price for the following two months in (July, August) had a considerable increment of 179 %. The price per sq.feet has had a considerable deflation of 33 % 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 $255.75 to $84 during September, and October.
Based upon to the price in Battle Creek (cities), this has gone up considerably in the last 6 months. The average price during our first sample month during May, is $80,663. During June the price went through a considerable rise reaching $215,007. During the following two months (July, August) the price has had an average incrementation from $147,835 to $167,762. During the last two months the average price has had a strong fall compared to the previous four going from $157,798.5 to $84,729.5, which means a 54 % fall.
The graph displaying the average price for bedrooms illustrates that those properties with 4 bedrooms are the cheapest ones. At a price of $88,031 they are 14 % more affordable than the average price for Battle Creek. The properties with the highest average price have 1 bedroom, Their price is 19 % more costly than the average. After that we have properties with 4 bedrooms priced at $75,372.
With regard to the average price per sq.feet , those properties with 4 bedrooms are the cheapest ones at a cost of $46 / sq.feet, with an average $89 / sq.feet price in Battle Creek. The properties with the lowest average prices have 1 bedroom. They are 31 % cheaper than the average followed by properties with 4 bedrooms with a price at $46 / sq.feet.
The graph displaying the average prices displays the property type "Duplex" as the most affordable one. At an cost of $88,031 it is 72 % cheaper than the average price in Battle Creek. "Detached House" is seen as the second most affordable property type. The cheapest type property is "Apartment" followed by "Detached House". At a price of $41,871 it is 14 % more affordable than the average price.
According to the average cost per sq.feet, the cheapest property type is "Duplex" at an average cost of $8 / sq.feet followed by "Detached House" priced at $22 / sq.feet. "Apartment" is the cheapest type of property with a $46 / sq.feet value followed by "Detached House" with an average price of $22 / sq.feet.