The prices in real estate in Fairgrove, 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.
The price per sq.feet in Fairgrove has had a strong decrease during the last 6 months. In November, the average price per sq.feet was $25,067. In the following month the price per sq.feet decreased considerably to $65. The price for the following two months in (January, February) had a considerable decrease of 1 with regard to the prior two months. The price per sq.feet has had a considerable deflation of 30 % 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 $6,316.5 to $1,889 during March, and April.
Based upon to the price in Fairgrove (cities), this has fallen considerably in the last 6 months. The average price for November is $149,967. During December the price had a considerable reduction till $89,983. During the following two months (January, February) the average price had a considerable reduction of 67 % 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 risen strongly 164 % during the last two months.
The graph showing the average price for bedrooms displays the property with the lowest price has 1 bedroom. It is 80 % cheaper than the average price of $28,333 in Fairgrove. Based on the bedrooms values, properties with the lowest prices are those with 1 bedroom. They are 80 % more affordable than the average aforementioned.
With regard to the average prices per sq.feet those properties with 1 bedroom are 42 % cheaper than the average price of ($53 / sq.feet) in Fairgrove. Properties with the most affordable price based upon to the number of bedrooms / sq.feet are those with 1 bedroom. They are 42 % cheaper than the average value aforementioned.