Property prices for sale in East Jordan (Michigan)

The prices in real estate in East Jordan, in the Michigan region have had a strong fall in the last couple of months. The real estate prices for second hand homes have gone through a strong fall in this city.

Average price last 6 months
Price/sq.feet last 6 months
Average price per sq.feet

The price per sq.feet in East Jordan has had a strong decrease during the last 6 months. In March, the average price per sq.feet was $343. In April this price pretty much remained the same at a value of $335 per sq.feet. The price for the following two months in (May, June) had a considerable decrease of 53 with regard to the prior two months. The price per sq.feet has had a considerable deflation of 81 % 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 $260 to $210 during July, and August.

Average price

Based upon to the price in East Jordan (cities), this has fallen considerably in the last 6 months. The price in March is $549,375, rising in April till $621,500. During the following two months (May, June) the average price had a considerable reduction of 52 % with regard to the previous two months. During the last two months the average price has had a strong fall compared to the previous four going from $445,091 to $353,312, which means a 79 % fall.

Average price per bedrooms

The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $376,220 they are 25 % more affordable than the average price for East Jordan. The properties with the highest average price have 4 bedrooms, Their price is 58 % more costly than the average. After that we have properties with 3 bedrooms priced at $351,469.

With regard to the average price per sq.feet , those properties with 3 bedrooms are the cheapest ones at a cost of $168 / sq.feet, with an average $207 / sq.feet price in East Jordan. The properties with the highest average prices have 1 bedroom. They are 26 % more expensive than the average followed by properties with 2 bedrooms with a price at $244 / sq.feet.

Price per property type

With regard to the average price based upon the property in East Jordan we can see that most expensive property type is "House" at a price of $391,168, they are 4 % more costly than the average price of (!PRECIO2!). "House" has the highest price. This price is 4 % more expensive than the average price aforementioned.

According to the average area price by sq.feet the most costly property type is "House with an average price of $218 / sq.feet. "House" at an average price of $218 / sq.feet has the most expensive price and would be directed at more affluent cities.

Charts data
Average price August
Average price per sq.feet August
Number of properties used in East Jordan
Number of properties used in region Michigan
** Graph's data with null or zero value are due to there isn't enough data available to get a reliable value