The prices in real estate in Bridgman, 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.
The price per sq.feet in Bridgman has increased strongly during the last 6 months. In May, the average price per sq.feet was . In the following month the price per sq.feet increased considerably to $118. The price for the following two months in (July, August) had a considerable increment of 201 %. The price per sq.feet has had a considerable increase of 179 % 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 $88.75 to $158.5 during September, and October.
Based upon to the price in Bridgman (cities), this has gone up considerably in the last 6 months. The average price during our first sample month during May, is . During June the price went through a considerable rise reaching $208,590. During the following two months (July, August) the average price had a considerable increase of 201 % 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 137 % during the last two months.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $188,371 they are 69 % more affordable than the average price for Bridgman. The properties with the lowest average price have 2 bedrooms, Their price is 66 % cheaper than the average. After that we have properties with 1 bedroom priced at $58,141.
With regard to the average price per sq.feet , those properties with 1 bedroom are the cheapest ones at a cost of $33 / sq.feet, with an average $156 / sq.feet price in Bridgman. The properties with the lowest average prices have 2 bedrooms. They are 78 % cheaper than the average followed by properties with 1 bedroom with a price at $33 / sq.feet.
The graph displaying the average prices displays the property type "Apartment" as the most affordable one. At an cost of $188,371 it is 66 % cheaper than the average price in Bridgman. "Duplex" is seen as the second most affordable property type. The dearest property type is "Duplex" followed by "Apartment". At a price of $64,275 it is 453 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "Apartment" at an average cost of $34 / sq.feet followed by "Duplex" priced at $350 / sq.feet. "Duplex" is the most costly type of property with a $350 / sq.feet cost followed by "Apartment" with an average price of $34 / sq.feet.