Property prices for sale in Elk Rapids (Michigan)

The price per sq.feet in Elk Rapids has remained the same in the last 6 months. In March, the average price per sq.feet was $305. In April this price pretty much remained the same at a value of $299 per sq.feet. In the following two months the price per sq.feet has barely changed, going from $302 to $307 per sq.feet. The price per sq.feet has decreased 93 % 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 $304.5 to $283 during July, and August.

Based upon to the price in Elk Rapids (cities), this has gone downing the last 6 months. In our first sample month during March, the average price is $636,100. In April This price remains at $626,133. During the following two months (May, June) the average price fell 85 % with regard to the previous two months. During the last two months, the average price has reduced with regard to the previous ones. To be precise it has gone down 86 %, going from $585,214.75 to $505,554 in July and August.