The prices in real estate in Capac, 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 Capac has increased strongly during the last 6 months. In November, the average price per sq.feet was $196. In the following month the price per sq.feet increased considerably to $867. In the following two months the price per sq.feet has increased 107 %, going from $531.5 to $570.5 per sq.feet. The price per sq.feet has decreased 86 % 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 $551 to $472.5 during March, and April.
Based upon to the price in Capac (cities), this has fallen considerably in the last 6 months. The average price during our first sample month during November, is $272,878. During December the price went through a considerable rise reaching $319,100. During the following two months (January, February) the average price fell 91 % 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 $283,210.75 to $110,981.5, which means a 39 % fall.