The prices in real estate in Berrien Springs, 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.
The price per sq.feet in Berrien Springs has had a strong decrease during the last 6 months. In November, the average price per sq.feet was $1,988. In the following month the price per sq.feet decreased considerably to $243. The price for the following two months in (January, February) had a considerable increment of 138 %. The price per sq.feet has had a considerable increase of 178 % 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 $1,327 to $2,356 during March, and April.
Based upon to the price in Berrien Springs (cities), this has gone downing the last 6 months. The average price for November is $355,503. During December the price had a slight fall till $326,468. During the following two months (January, February) the average price had a considerable reduction of 85 % with regard to the previous two months. Based on an analysis of the first four prices and the last two months the average price has risen strongly 118 % 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 $384,241 they are 65 % more affordable than the average price for Berrien Springs. Based on the bedrooms values, properties with the lowest prices are those with 3 bedrooms. They are 25 % more affordable than the average aforementioned.
With regard to the average price per sq.feet , those properties with 3 bedrooms are the cheapest ones at a cost of $82 / sq.feet, with an average $949 / sq.feet price in Berrien Springs. Properties with the most affordable price based upon to the number of bedrooms / sq.feet are those with 1 bedroom. They are 90 % cheaper than the average value aforementioned.