Property prices for sale in Bloomfield Hills (Michigan)

The prices in real estate in Bloomfield Hills, in the Michigan region have had a minor rise in the last couple of months. The real estate prices for second hand homes have risen in this city.

$931,589.67
Average price last 6 months
$244.33
Price/sq.feet last 6 months
Average price per sq.feet

The price per sq.feet in Bloomfield Hills has increased during the last 6 months. In July, the average price per sq.feet was $230. In August this price pretty much remained the same at a value of $238 per sq.feet. In the following two months the price per sq.feet has barely changed, going from $234 to $243.5 per sq.feet. The price per sq.feet has increased 107 % 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 $238.75 to $255.5 during November, and December.

Average price

Based upon to the price in Bloomfield Hills (cities), this has gone up considerably in the last 6 months. The average price during our first sample month during July, is $729,620. During August the price went through a considerable rise reaching $861,626. During the following two months (September, October) the average price had a considerable increase of 123 % 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 115 % during the last two months.

Average price per bedrooms

The graph displaying the average price for bedrooms illustrates that those properties with 2 bedrooms are the cheapest ones. At a price of $1,001,791 they are 70 % more affordable than the average price for Bloomfield Hills. The properties with the highest average price have 1 bedroom, Their price is 14 % more costly than the average. After that we have properties with 4 bedrooms priced at $970,034.

With regard to the average price per sq.feet , those properties with 2 bedrooms are the cheapest ones at a cost of $189 / sq.feet, with an average $254 / sq.feet price in Bloomfield Hills. The properties with the highest average prices have 1 bedroom. They are 65016 % more expensive than the average followed by properties with 4 bedrooms with a price at $244 / sq.feet.

Price per property type

The graph displaying the average prices displays the property type "Condo" as the most affordable one. At an cost of $1,001,791 it is 64 % cheaper than the average price in Bloomfield Hills. "Townhouse" is seen as the second most affordable property type. The dearest property type is "House" followed by "Apartment". At a price of $1,062,715 it is 35 % more expensive than the average price.

According to the average cost per sq.feet, the cheapest property type is "Condo" at an average cost of $187 / sq.feet followed by "House" priced at $266 / sq.feet. "Apartment" is the most costly type of property with a $332 / sq.feet cost followed by "Townhouse" with an average price of $326 / sq.feet.

Charts data
Average price December
Average price per sq.feet December
Number of properties used in Bloomfield Hills
Number of properties used in region Michigan
$1,001,791
$254
2,618
216,824
** Graph's data with null or zero value are due to there isn't enough data available to get a reliable value