The prices in real estate in Clinton Township, in the Michigan region have had a strong fall in the last couple of months. The real estate prices for second hand homes have gone through a strong fall in this city.
The price per sq.feet in Clinton Township has had a strong decrease during the last 6 months. In July, the average price per sq.feet was $174. In the following month the price per sq.feet decreased to $156. The price for the following two months in (September, October) decreased 89 % with regard to the prior two months. The price per sq.feet has decreased 87 % 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 $156.25 to $136 during November, and December.
Based upon to the price in Clinton Township (cities), this has fallen considerably in the last 6 months. In our first sample month during July, the average price is $329,787. In August This price remains at $323,497. During the following two months (September, October) the average price fell 85 % 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 $302,193.75 to $225,249, which means a 75 % fall.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $228,421 they are 53 % more affordable than the average price for Clinton Township. The properties with the highest average price have 4 bedrooms, Their price is 46 % more costly than the average. After that we have properties with 3 bedrooms priced at $228,189.
With regard to the average price per sq.feet , those properties with 1 bedroom are the cheapest ones at a cost of $115 / sq.feet, with an average $137 / sq.feet price in Clinton Township. The properties with the highest average prices have 3 bedrooms. They are 10 % more expensive than the average followed by properties with 2 bedrooms with a price at $141 / sq.feet.
The graph displaying the average prices displays the property type "Townhouse" as the most costly one. At an cost of $228,421 it is 1 % more expensive than the average price in Clinton Township. "Commercial" is seen as the second dearest property type. The dearest property type is "House" followed by "Condo". At a price of $313,998 it is 104 % more expensive than the average price.
According to the average cost per sq.feet, the most expensive property type would be "House" at an average cost of $147 / sq.feet followed by "Condo" priced at $176 / sq.feet. "Townhouse" is the most costly type of property with a $3,327 / sq.feet cost followed by "Commercial" with an average price of $1,923 / sq.feet.