Property prices for sale in Bloomfield Hills (Michigan)

The price per sq.feet in Bloomfield Hills has fallen in the last 6 months. In March, the average price per sq.feet was $360. In April this price pretty much remained the same at a value of $353 per sq.feet. The price for the following two months in (May, June) decreased 88 % with regard to the prior two months. The price per sq.feet has decreased 92 % 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 $335.75 to $310.5 during July, and 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 $1,595,079. During April the price had a slight fall till $1,491,203. During the following two months (May, June) the average price had a considerable reduction of 74 % 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 $1,344,197.25 to $1,102,720.5, which means a 82 % fall.

The graph displaying the average price for bedrooms illustrates that those properties with 2 bedrooms are the cheapest ones. At a price of $1,225,084 they are 69 % more affordable than the average price for Bloomfield Hills. The properties with the highest average price have 4 bedrooms, Their price is 16 % more costly than the average. After that we have properties with 1 bedroom priced at $1,363,995.

With regard to the average price per sq.feet , those properties with 2 bedrooms are the cheapest ones at a cost of $241 / sq.feet, with an average $324 / sq.feet price in Bloomfield Hills. The properties with the highest average prices have 1 bedroom. They are 119 % more expensive than the average followed by properties with 4 bedrooms with a price at $337 / sq.feet.

The graph displaying the average prices displays the property type "Condo" as the most affordable one. At an cost of $1,225,084 it is 59 % cheaper than the average price in Bloomfield Hills. "Land" is seen as the second most affordable property type. The dearest property type is "Detached House" followed by "House". At a price of $1,513,373 it is 221 % more expensive than the average price.

According to the average cost per sq.feet, the cheapest property type is "Townhouse" at an average cost of $250 / sq.feet followed by "Condo" priced at $257 / sq.feet. "Land" is the most costly type of property with a $643,782 / sq.feet cost followed by "Detached House" with an average price of $642 / sq.feet.