Property prices for sale in Beaver Island (Michigan)

The prices in real estate in Beaver Island, in the Michigan region have had a strong fall in the last couple of months. The real estate prices for second hand homes have gone through a strong fall in this city.

$359,604.17
Average price last 6 months
$5,227.17
Price/sq.feet last 6 months
Average price per sq.feet

The price per sq.feet in Beaver Island has had a strong decrease during the last 6 months. In October, the average price per sq.feet was $7,909. In the following month the price per sq.feet decreased considerably to $2,446. The price for the following two months in (December, January) had a considerable decrease of 11 with regard to the prior two months. The price per sq.feet has had a considerable increase of 346 % 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 $2,872 to $9,937.5 during February, and March.

Average price

Based upon to the price in Beaver Island (cities), this has gone downing the last 6 months. In our first sample month during October, the average price is $389,269. In November This price remains at $408,295. During the following two months (December, January) the average price had a considerable reduction of 84 % 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 $367,007.75 to $344,797 in February and March.

Charts data
Average price March
Average price per sq.feet March
Number of properties used in Beaver Island
Number of properties used in region Michigan
$340,769
$8,743
174
545,964
** Graph's data with null or zero value are due to there isn't enough data available to get a reliable value