Property prices for sale in Commerce Township (Michigan)
The prices in real estate in Commerce Township, 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 Commerce Township has increased strongly during the last 6 months. In October, the average price per sq.feet was $202. In the following month the price per sq.feet increased to $221. In the following two months the price per sq.feet has barely changed, going from $211.5 to $218 per sq.feet. The price per sq.feet has had a considerable increase of 6167 % 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 $214.75 to $13,243.5 during February, and March.
Based upon to the price in Commerce Township (cities), this has gone downing the last 6 months. The average price for October is $427,394. During November the price had a slight fall till $381,706. In the following two months the average price has remained the same with regard to the previous two months from $404,550 to $386,393. Based on an analysis of the first four prices and the last two months the average price has gone up 109 % during the last two months.
The graph displaying the average price for bedrooms illustrates that those properties with 3 bedrooms are the cheapest ones. At a price of $458,311 they are 9 % more affordable than the average price for Commerce Township. The properties with the lowest average price have 4 bedrooms, Their price is 4 % cheaper than the average. After that we have properties with 1 bedroom priced at $438,802.
With regard to the average price per sq.feet , those properties with 3 bedrooms are the cheapest ones at a cost of $126 / sq.feet, with an average $4,880 / sq.feet price in Commerce Township. The properties with the lowest average prices have 4 bedrooms. They are 97 % cheaper than the average followed by properties with 1 bedroom with a price at $135 / sq.feet.
The graph displaying the average prices displays the property type "House" as the most affordable one. At an cost of $458,311 it is 48 % cheaper than the average price in Commerce Township. "Condo" is seen as the second most affordable property type. The dearest property type is "Apartment" followed by "Detached House". At a price of $463,404 it is 6 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "Apartment" at an average cost of $109 / sq.feet followed by "House" priced at $153 / sq.feet. "Detached House" is the cheapest type of property with a $228 / sq.feet value followed by "Condo" with an average price of $162 / sq.feet.
