The prices in real estate in Big Rapids, 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 Big Rapids has remained the same in the last 6 months. In October, the average price per sq.feet was $90. In November this price pretty much remained the same at a value of $93 per sq.feet. The price for the following two months in (December, January) decreased 90 % with regard to the prior two months. The price per sq.feet has increased 106 % 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 $87 to $92.5 during February, and March.
Based upon to the price in Big Rapids (cities), these have remained the same in the last 6 months. The price in October is $204,549, rising in November till $221,384. During the following two months (December, January) the average price fell 95 % 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 92 %, going from $207,356.5 to $191,408 in February and March.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $185,595 they are 32 % more affordable than the average price for Big Rapids. The properties with the highest average price have 4 bedrooms, Their price is 42 % more costly than the average. After that we have properties with 3 bedrooms priced at $184,526.
With regard to the average price per sq.feet , those properties with 4 bedrooms are the cheapest ones at a cost of $83 / sq.feet, with an average $91 / sq.feet price in Big Rapids. The properties with the highest average prices have 2 bedrooms. They are 9 % more expensive than the average followed by properties with 3 bedrooms with a price at $90 / sq.feet.
The graph displaying the average prices displays the property type "Apartment" as the most affordable one. At an cost of $185,595 it is 2 % cheaper than the average price in Big Rapids. "Condo" is seen as the second most affordable property type. The dearest property type is "House" followed by "Duplex". At a price of $323,448 it is 76 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "Apartment" at an average cost of $89 / sq.feet followed by "Condo" priced at $477 / sq.feet. "House" is the most costly type of property with a $498 / sq.feet cost followed by "Duplex" with an average price of $488 / sq.feet.