Property prices for sale in Cheboygan (Michigan)
The prices in real estate in Cheboygan, 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 Cheboygan has increased strongly during the last 6 months. In October, the average price per sq.feet was $2,141. In the following month the price per sq.feet increased considerably to $3,053. The price for the following two months in (December, January) had a considerable decrease of 7 with regard to the prior two months. The price per sq.feet has had a considerable increase of 846 % 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 $1,388.75 to $11,755 during February, and March.
Based upon to the price in Cheboygan (cities), these have remained the same in the last 6 months. The average price for October is $257,720. During November the price had a slight fall till $238,136. During the following two months (December, January) the average price had a considerable increase of 128 % 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 $282,131.75 to $236,612.5, which means a 84 % fall.
The graph displaying the average price for bedrooms illustrates that those properties with 3 bedrooms are the most costly ones. At a price of $223,099 they are 18 % more expensive than the average price for Cheboygan. Following this ranking we find those properties with 2 at an average price of $303,903. The properties with the highest average price have 1 bedroom, Their price is 206 % more costly than the average. After that we have properties with 4 bedrooms priced at $663,006.
With regard to the average price per sq.feet , those properties with 3 bedrooms are the cheapest ones at a cost of $175 / sq.feet, with an average $11,287 / sq.feet price in Cheboygan. The properties with the lowest average prices have 1 bedroom. They are 94 % cheaper than the average followed by properties with 4 bedrooms with a price at $315 / sq.feet.
The graph displaying the average prices displays the property type "Land" as the most affordable one. At an cost of $223,099 it is 34 % cheaper than the average price in Cheboygan. "House" is seen as the second most affordable property type. The dearest property type is "House" followed by "Land". At a price of $146,519 it is 22 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "House" at an average cost of $183 / sq.feet followed by "Land" priced at $19,344 / sq.feet. "Land" is the most costly type of property with a $19,344 / sq.feet cost followed by "House" with an average price of $183 / sq.feet.
