The prices in real estate in Bloomfield Hills, in the Michigan region have had a minor fall in the last couple of months. The real estate prices for second hand homes have fallen in this city
The price per sq.feet in Bloomfield Hills has fallen in the last 6 months. In March, the average price per sq.feet was $289. In the following month the price per sq.feet decreased to $270. The price for the following two months in (May, June) decreased 91 % with regard to the prior two months. The price per sq.feet has barely changed in the last two months compared to the average price of the previous four months going from an average price of $267.25 to $257 during July y August
Based upon to the price in Bloomfield Hills (cities), this has fallen considerably in the last 6 months. The average price for March is $1,312,527. During April the price had a slight fall till $1,158,846. During the following two months (May, June) the average price had a considerable reduction of 85 % 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 88 %, going from $1,141,594.5 to $1,003,343 in July and August.
The graph displaying the average price for bedrooms illustrates that those properties with 2 bedrooms are the most costly ones. At a price of $943,778 they are 14 % more expensive than the average price for Bloomfield Hills. Following this ranking we find those properties with 1 at an average price of $1,220,239. The properties with the highest average price have 1 bedroom, Their price is 29 % more costly than the average. After that we have properties with 2 bedrooms priced at $1,079,871.
With regard to the average price per sq.feet , those properties with 1 bedroom are the most costly ones at a cost of $341 / sq.feet, with an average $260 / sq.feet price in Bloomfield Hills. The properties with the highest average prices have 2 bedrooms. They are 34 % more expensive than the average followed by properties with 1 bedroom with a price at $341 / sq.feet.
The graph displaying the average prices displays the property type "Townhouse" as the most costly one. At an cost of $943,778 it is 14 % more expensive than the average price in Bloomfield Hills. "House" is seen as the second dearest property type. The dearest property type is "House" followed by "Townhouse". At a price of $1,073,406 it is 14 % more expensive than the average price.
According to the average cost per sq.feet, the most expensive property type would be "Townhouse" at an average cost of $342 / sq.feet followed by "House" priced at $348 / sq.feet. "House" is the most costly type of property with a $348 / sq.feet cost followed by "Townhouse" with an average price of $342 / sq.feet.