Property prices for sale in Elk Rapids (Michigan)
The prices in real estate in Elk Rapids, in the Michigan region have had a minor fall in the last couple of months. The real estate prices for second hand homes have fallen in this city
The price per sq.feet in Elk Rapids has fallen in the last 6 months. In October, the average price per sq.feet was $300. In the following month the price per sq.feet decreased to $272. The price for the following two months in (December, January) decreased 95 % with regard to the prior two months. The price per sq.feet has increased 105 % 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 $278.5 to $292.5 during February, and March.
Based upon to the price in Elk Rapids (cities), this has gone downing the last 6 months. The average price for October is $581,484. During November the price had a considerable reduction till $491,934. During the following two months (December, January) the average price fell 93 % with regard to the previous two months. Based on an analysis of the first four prices and the last two months the average price has gone up 110 % during the last two months.
