The prices in real estate in Cheboygan, in the Michigan region have had a minor rise in the last couple of months. The real estate prices for second hand homes have risen in this city.
The price per sq.feet in Cheboygan has increased during the last 6 months. In June, the average price per sq.feet was $171. In the following month the price per sq.feet increased to $183. In the following two months the price per sq.feet has increased 113 %, going from $177 to $200 per sq.feet. The price per sq.feet has decreased 90 % 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 $188.5 to $169 during October, and November.
Based upon to the price in Cheboygan (cities), this has gone up considerably in the last 6 months. The price in June is $144,365, rising in July till $155,495. During the following two months (August, September) the average price had a considerable increase of 125 % 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 125 % 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 $252,678 they are 68 % more affordable than the average price for Cheboygan. The properties with the highest average price have 4 bedrooms, Their price is 145 % more costly than the average. After that we have properties with 2 bedrooms priced at $212,994.
With regard to the average price per sq.feet , those properties with 1 bedroom are the cheapest ones at a cost of $104 / sq.feet, with an average $144 / sq.feet price in Cheboygan. The properties with the highest average prices have 2 bedrooms. They are 56 % more expensive than the average followed by properties with 4 bedrooms with a price at $192 / sq.feet.
With regard to the average price based upon the property in Cheboygan we can see that most expensive property type is "House" at a price of $263,135, they are 4 % more costly than the average price of (!PRECIO2!). "House" has the highest price. This price is 4 % more expensive than the average price aforementioned.
According to the average area price by sq.feet the most costly property type is "House with an average price of $148 / sq.feet. "House" at an average price of $148 / sq.feet has the most expensive price and would be directed at more affluent cities.