The prices in real estate in Cedarville, 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 Cedarville has increased strongly during the last 6 months. In October, the average price per sq.feet was $248. In the following month the price per sq.feet increased considerably to $1,252. The price for the following two months in (December, January) had a considerable increment of 1794 %. The price per sq.feet has had a considerable increase of 172 % 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 $7,103 to $12,241.5 during February, and March.
Based upon to the price in Cedarville (cities), this has fallen considerably in the last 6 months. The average price for October is $297,556. During November the price had a considerable reduction till $236,133. During the following two months (December, January) the average price fell 86 % with regard to the previous two months. During the last two months, the average price has pretty much remained the same with regard to the previous average values going from an average value of $248,414 and $239,706.5 between February and March.
The graph showing the average price for bedrooms displays the property with the lowest price has 1 bedroom. It is 39 % cheaper than the average price of $128,333 in Cedarville. Based on the bedrooms values, properties with the lowest prices are those with 1 bedroom. They are 39 % more affordable than the average aforementioned.
With regard to the average prices per sq.feet those properties with 1 bedroom are 96 % cheaper than the average price of ($238 / sq.feet) in Cedarville. Properties with the most affordable price based upon to the number of bedrooms / sq.feet are those with 1 bedroom. They are 96 % cheaper than the average value aforementioned.