Property prices for sale in Branch (Michigan)
The prices in real estate in Branch, in the Michigan region have had a strong fall in the last couple of months. The real estate prices for second hand homes have gone through a strong fall in this city.
The price per sq.feet in Branch has had a strong decrease during the last 6 months. In November, the average price per sq.feet was $970. In the following month the price per sq.feet decreased considerably to $426. The price for the following two months in (January, February) had a considerable decrease of 68 with regard to the prior two months. The price per sq.feet has had a considerable deflation of 46 % 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 $585.25 to $269.5 during March, and April.
Based upon to the price in Branch (cities), this has gone up considerably in the last 6 months. The average price during our first sample month during November, is $373,670. During December the price went through a considerable rise reaching $437,094. During the following two months (January, February) the average price fell 95 % 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 122 % during the last two months.
