Property prices for sale in Dearborn (Michigan)
The prices in real estate in Dearborn, in the Michigan region have remained the same in the last couple of months. The real estate prices for second hand homes have remained in this city.
The price per sq.feet in Dearborn has remained the same in the last 6 months. In October, the average price per sq.feet was $194. In November this price pretty much remained the same at a value of $185 per sq.feet. In the following two months the price per sq.feet has barely changed, going from $189.5 to $182.5 per sq.feet. The price per sq.feet has increased 106 % 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 $186 to $196.5 during February, and March.
Based upon to the price in Dearborn (cities), this has gone downing the last 6 months. The average price for October is $317,535. During November the price had a slight fall till $284,166. During the following two months (December, January) the average price fell 91 % with regard to the previous two months. During the last two months, the average price has pretty much remained the same with regard to the previous average values going from an average value of $287,181.75 and $294,912 between February and March.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $292,412 they are 61 % more affordable than the average price for Dearborn. The properties with the highest average price have 4 bedrooms, Their price is 16 % more costly than the average. After that we have properties with 3 bedrooms priced at $274,375.
With regard to the average price per sq.feet , those properties with 1 bedroom are the cheapest ones at a cost of $123 / sq.feet, with an average $196 / sq.feet price in Dearborn. The properties with the highest average prices have 2 bedrooms. They are 9 % more expensive than the average followed by properties with 3 bedrooms with a price at $193 / sq.feet.
The graph displaying the average prices displays the property type "Office" as the most affordable one. At an cost of $292,412 it is 55 % cheaper than the average price in Dearborn. "Detached House" is seen as the second most affordable property type. The dearest property type is "Apartment" followed by "House". At a price of $290,624 it is 3 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "Office" at an average cost of $49 / sq.feet followed by "House" priced at $202 / sq.feet. "Condo" is the most costly type of property with a $405 / sq.feet cost followed by "Detached House" with an average price of $385 / sq.feet.
