Property prices for sale in Fennville (Michigan)
The prices in real estate in Fennville, in the Michigan region have had a strong rise in the last couple of months. The real estate prices for second hand homes have gone through a strong increase in this city.
The price per sq.feet in Fennville has increased strongly during the last 6 months. In October, the average price per sq.feet was $210. In the following month the price per sq.feet increased considerably to $3,686. The price for the following two months in (December, January) had a considerable increment of 121 %. The price per sq.feet has had a considerable increase of 361 % 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 $2,150.25 to $7,760.5 during February, and March.
Based upon to the price in Fennville (cities), this has gone up considerably in the last 6 months. The average price during our first sample month during October, is $500,995. During November the price went through a considerable rise reaching $604,851. During the following two months (December, January) the average price had a considerable increase of 135 % 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 $650,186.75 to $546,805.5, which means a 84 % fall.
The graph displaying the average price for bedrooms illustrates that those properties with 2 bedrooms are the cheapest ones. At a price of $547,587 they are 26 % more affordable than the average price for Fennville. The properties with the highest average price have 1 bedroom, Their price is 92 % more costly than the average. After that we have properties with 4 bedrooms priced at $1,030,929.
With regard to the average price per sq.feet , those properties with 3 bedrooms are the cheapest ones at a cost of $293 / sq.feet, with an average $9,200 / sq.feet price in Fennville. The properties with the lowest average prices have 1 bedroom. They are 86 % cheaper than the average followed by properties with 2 bedrooms with a price at $315 / sq.feet.
The graph displaying the average prices displays the property type "House" as the most affordable one. At an cost of $547,587 it is 1 % cheaper than the average price in Fennville. "Townhouse" is seen as the second most affordable property type. The dearest property type is "Townhouse" followed by "House". At a price of $541,704 it is 58 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "Townhouse" at an average cost of $238 / sq.feet followed by "House" priced at $273 / sq.feet. "House" is the cheapest type of property with a $273 / sq.feet value followed by "Townhouse" with an average price of $238 / sq.feet.
