The prices in real estate in Drummond Island, 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 Drummond Island has increased strongly during the last 6 months. In October, the average price per sq.feet was . In the following month the price per sq.feet increased considerably to $9,808. The price for the following two months in (December, January) had a considerable increment of 120 %. The price per sq.feet has had a considerable increase of 297 % 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 $5,393.75 to $16,016.5 during February, and March.
Based upon to the price in Drummond Island (cities), this has gone up considerably in the last 6 months. The average price during our first sample month during October, is . During November the price went through a considerable rise reaching $179,905. In the following two months the average price has remained the same with regard to the previous two months from $89,952.5 to $85,926. Based on an analysis of the first four prices and the last two months the average price has risen strongly 168 % during the last two months.
The graph showing the average price for bedrooms displays the property with the most expensive price has 1 bedroom. It is 45 % more costly than the average price of $218,360 in Drummond Island. Based on the bedrooms values, properties with the highest prices are those with 1 bedroom. They are 45 % more expensive than the average aforementioned.
With regard to the average prices per sq.feet those properties with 1 bedroom are 98 % cheaper than the average price of ($342 / sq.feet) in Drummond Island. Properties with the most affordable price based upon to the number of bedrooms / sq.feet are those with 1 bedroom. They are 98 % cheaper than the average value aforementioned.