The prices in real estate in Eastpointe, 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 Eastpointe has increased during the last 6 months. In October, the average price per sq.feet was $91. In the following month the price per sq.feet increased to $98. In the following two months the price per sq.feet has barely changed, going from $94.5 to $95.5 per sq.feet. The price per sq.feet has increased 107 % 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 $95 to $101.5 during February, and March.
Based upon to the price in Eastpointe (cities), these have remained the same in the last 6 months. The price in October is $115,160, rising in November till $121,317. In the following two months the average price has remained the same with regard to the previous two months from $118,238.5 to $115,809.5. Based on an analysis of the first four prices and the last two months the average price has gone up 106 % 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 $124,840 they are 77 % more affordable than the average price for Eastpointe. The properties with the lowest average price have 4 bedrooms, Their price is 2 % cheaper than the average. After that we have properties with 3 bedrooms priced at $93,963.
With regard to the average price per sq.feet , those properties with 1 bedroom are the cheapest ones at a cost of $42 / sq.feet, with an average $102 / sq.feet price in Eastpointe. The properties with the highest average prices have 4 bedrooms. They are 2662 % more expensive than the average followed by properties with 3 bedrooms with a price at $88 / sq.feet.
The graph displaying the average prices displays the property type "Commercial" as the most affordable one. At an cost of $124,840 it is 15 % cheaper than the average price in Eastpointe. "Villa" is seen as the second most affordable property type. The cheapest type property is "Apartment" followed by "Duplex". At a price of $121,591 it is 2 % more affordable than the average price.
According to the average cost per sq.feet, the most expensive property type would be "Commercial" at an average cost of $2,072 / sq.feet followed by "Villa" priced at $2,775 / sq.feet. "Apartment" is the most costly type of property with a $2,817 / sq.feet cost followed by "Duplex" with an average price of $2,784 / sq.feet.