The prices in real estate in Coldwater, 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 Coldwater has increased strongly during the last 6 months. In March, the average price per sq.feet was $108. In the following month the price per sq.feet increased considerably to $1,184. The price for the following two months in (May, June) had a considerable increment of 122 %. The price per sq.feet has had a considerable deflation of 76 % 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 $717.5 to $547 during July, and August.
Based upon to the price in Coldwater (cities), this has fallen considerably in the last 6 months. The average price for March is $618,003. During April the price had a considerable reduction till $183,233. In the following two months the average price has remained the same with regard to the previous two months from $400,618 to $388,501.5. During the last two months the average price has had a strong fall compared to the previous four going from $394,559.75 to $146,830.5, which means a 37 % 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 $142,050 they are 341 % more expensive than the average price for Coldwater. Following this ranking we find those properties with 1 at an average price of $629,805. The properties with the highest average price have 1 bedroom, Their price is 343 % more costly than the average. After that we have properties with 3 bedrooms priced at $626,033.
With regard to the average price per sq.feet , those properties with 3 bedrooms are the most costly ones at a cost of $923 / sq.feet, with an average $92 / sq.feet price in Coldwater. The properties with the highest average prices have 1 bedroom. They are 910 % more expensive than the average followed by properties with 3 bedrooms with a price at $923 / sq.feet.
The graph displaying the average prices displays the property type "House" as the most costly one. At an cost of $142,050 it is 340 % more expensive than the average price in Coldwater. "Townhouse" is seen as the second dearest property type. The dearest property type is "Apartment" followed by "Townhouse". At a price of $625,406 it is 341 % 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 $921 / sq.feet followed by "Townhouse" priced at $922 / sq.feet. "Apartment" is the most costly type of property with a $923 / sq.feet cost followed by "Townhouse" with an average price of $922 / sq.feet.