Property prices for sale in Caro (Michigan)
The prices in real estate in Caro, 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 Caro has increased strongly during the last 6 months. In November, the average price per sq.feet was $236. In the following month the price per sq.feet decreased considerably to $165. The price for the following two months in (January, February) had a considerable increment of 381 %. The price per sq.feet has had a considerable increase of 394 % 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 $482.5 to $1,899.5 during March, and April.
Based upon to the price in Caro (cities), these have remained the same in the last 6 months. In our first sample month during November, the average price is $195,933. In December This price remains at $203,005. During the following two months (January, February) the average price had a considerable reduction of 82 % 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 132 % during the last two months.
The graph displaying the average price for bedrooms illustrates that those properties with 4 bedrooms are the cheapest ones. At a price of $195,964 they are 64 % more affordable than the average price for Caro. The properties with the lowest average price have 3 bedrooms, Their price is 52 % cheaper than the average. After that we have properties with 1 bedroom priced at $70,980.
With regard to the average prices per sq.feet those properties with 3 bedrooms are 96 % cheaper than the average price of ($6 / sq.feet) in Caro. Properties with the most affordable price based upon to the number of bedrooms / sq.feet are those with 3 bedrooms. They are 96 % cheaper than the average value aforementioned.
The graph displaying the average prices displays the property type "" as the most affordable one. At an cost of $195,964 it is 76 % cheaper than the average price in Caro. "Apartment" is seen as the second most affordable property type. The cheapest type property is "Apartment" followed by "". At a price of $46,728 it is 52 % more affordable than the average price.
According to the average area cost by sq.feet the cheapest property type is "Apartment with an average price of $2 / sq.feet. "Apartment" with an average cost of $2 / sq.feet has the lowest price and would be directed at less affluent cities.
