The prices in real estate in Dearborn Heights, in the Michigan region have had a minor rise in the last couple of months. The real estate prices for second hand homes have risen in this city.
The price per sq.feet in Dearborn Heights has increased during the last 6 months. In March, the average price per sq.feet was $166. In the following month the price per sq.feet increased to $181. In the following two months the price per sq.feet has barely changed, going from $173.5 to $180 per sq.feet. The price per sq.feet has barely changed in the last two months compared to the average price of the previous four months going from an average price of $176.75 to $179.5 during July y August
Based upon to the price in Dearborn Heights (cities), this has gone up considerably in the last 6 months. The average price during our first sample month during March, is $177,771. During April the price went through a considerable rise reaching $237,540. During the following two months (May, June) the price has had an average incrementation from $207,655.5 to $232,602.5. 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 $220,129 and $211,563 between July and August.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $184,286 they are 38 % more affordable than the average price for Dearborn Heights. The properties with the highest average price have 4 bedrooms, Their price is 84 % more costly than the average. After that we have properties with 3 bedrooms priced at $177,267.
With regard to the average price per sq.feet , those properties with 1 bedroom are the cheapest ones at a cost of $133 / sq.feet, with an average $175 / sq.feet price in Dearborn Heights. The properties with the highest average prices have 2 bedrooms. They are 19 % more expensive than the average followed by properties with 4 bedrooms with a price at $205 / sq.feet.
The graph displaying the average prices displays the property type "Farm" as the most affordable one. At an cost of $184,286 it is 61 % cheaper than the average price in Dearborn Heights. "Detached House" is seen as the second most affordable property type. The dearest property type is "Condo" followed by "House". At a price of $185,884 it is 3 % 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 $179 / sq.feet followed by "Farm" priced at $215 / sq.feet. "Condo" is the most costly type of property with a $264 / sq.feet cost followed by "Detached House" with an average price of $228 / sq.feet.