Property prices for sale in Black River (Michigan)

The prices in real estate in Black River, 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.

$698,642.33
Average price last 6 months
$983.17
Price/sq.feet last 6 months
Average price per sq.feet

The price per sq.feet in Black River has increased strongly during the last 6 months. In January, the average price per sq.feet was $662. In the following month the price per sq.feet increased considerably to $1,920. In the following two months the price per sq.feet has increased 108 %, going from $1,291 to $1,399 per sq.feet. The price per sq.feet has had a considerable deflation of 19 % 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 $1,345 to $259.5 during May, and June.

Average price

Based upon to the price in Black River (cities), this has fallen considerably in the last 6 months. The average price for January is $1,265,740. During February the price had a considerable reduction till $675,756. During the following two months (March, April) the average price had a considerable reduction of 60 % with regard to the previous two months. During the last two months the average price has had a strong fall compared to the previous four going from $778,661.5 to $538,604, which means a 69 % fall.

Charts data
Average price June
Average price per sq.feet June
Number of properties used in Black River
Number of properties used in region Michigan
$561,338
$265
84
407,668
** Graph's data with null or zero value are due to there isn't enough data available to get a reliable value