Property prices for sale in Caledonia (Michigan)
The prices in real estate in Caledonia, 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 Caledonia has increased strongly during the last 6 months. In October, the average price per sq.feet was $189. In November this price pretty much remained the same at a value of $192 per sq.feet. In the following two months the price per sq.feet has increased 106 %, going from $190.5 to $202.5 per sq.feet. The price per sq.feet has had a considerable increase of 224 % 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 $196.5 to $440 during February, and March.
Based upon to the price in Caledonia (cities), these have remained the same in the last 6 months. The price in October is $414,613, rising in November till $456,334. In the following two months the average price has remained the same with regard to the previous two months from $435,473.5 to $437,824.5. During the last two months, the average price has reduced with regard to the previous ones. To be precise it has gone down 93 %, going from $436,649 to $408,215 in February and March.
The graph displaying the average price for bedrooms illustrates that those properties with 2 bedrooms are the cheapest ones. At a price of $408,616 they are 21 % more affordable than the average price for Caledonia. The properties with the highest average price have 4 bedrooms, Their price is 23 % more costly than the average. After that we have properties with 3 bedrooms priced at $398,958.
With regard to the average price per sq.feet , those properties with 4 bedrooms are the cheapest ones at a cost of $206 / sq.feet, with an average $223 / sq.feet price in Caledonia. The properties with the highest average prices have 1 bedroom. They are 25 % more expensive than the average followed by properties with 2 bedrooms with a price at $213 / sq.feet.
The graph displaying the average prices displays the property type "Land" as the most affordable one. At an cost of $408,616 it is 61 % cheaper than the average price in Caledonia. "Condo" is seen as the second most affordable property type. The dearest property type is "Detached House" followed by "House". At a price of $463,359 it is 20 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "Detached House" at an average cost of $202 / sq.feet followed by "House" priced at $203 / sq.feet. "Land" is the most costly type of property with a $53,753 / sq.feet cost followed by "Condo" with an average price of $224 / sq.feet.
