Property prices for sale in Dearborn Heights (Michigan)
The prices in real estate in Dearborn Heights, in the Michigan region have had a minor fall in the last couple of months. The real estate prices for second hand homes have fallen in this city
The price per sq.feet in Dearborn Heights has fallen in the last 6 months. In October, the average price per sq.feet was $204. In the following month the price per sq.feet decreased to $188. The price for the following two months in (December, January) decreased 93 % with regard to the prior two months. 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 $189 to $201 during February, and March.
Based upon to the price in Dearborn Heights (cities), this has gone downing the last 6 months. The average price for October is $288,445. During November the price had a considerable reduction till $237,845. During the following two months (December, January) the average price fell 88 % with regard to the previous two months. Based on an analysis of the first four prices and the last two months the average price has risen strongly 124 % during the last two months.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $336,972 they are 71 % more affordable than the average price for Dearborn Heights. The properties with the lowest average price have 4 bedrooms, Their price is 16 % cheaper than the average. After that we have properties with 3 bedrooms priced at $194,207.
With regard to the average price per sq.feet , those properties with 1 bedroom are the cheapest ones at a cost of $132 / sq.feet, with an average $207 / sq.feet price in Dearborn Heights. The properties with the lowest average prices have 2 bedrooms. They are 6 % cheaper than the average followed by properties with 3 bedrooms with a price at $171 / sq.feet.
The graph displaying the average prices displays the property type "Farm" as the most affordable one. At an cost of $336,972 it is 79 % cheaper than the average price in Dearborn Heights. "Condo" is seen as the second most affordable property type. The cheapest type property is "House" followed by "Apartment". At a price of $189,479 it is 43 % more affordable than the average price.
According to the average cost per sq.feet, the cheapest property type is "House" at an average cost of $167 / sq.feet followed by "Farm" priced at $208 / sq.feet. "Apartment" is the most costly type of property with a $263 / sq.feet cost followed by "Condo" with an average price of $226 / sq.feet.
