The prices in real estate in Fenwick, 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 Fenwick has increased strongly during the last 6 months. In October, the average price per sq.feet was $1,101. In the following month the price per sq.feet increased considerably to $1,334. The price for the following two months in (December, January) had a considerable decrease of 16 with regard to the prior two months. The price per sq.feet has had a considerable increase of 621 % 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 $706.75 to $4,388.5 during February, and March.
Based upon to the price in Fenwick (cities), this has gone up in the last 6 months. The average price during our first sample month during October, is $227,312. During November the price went through a considerable rise reaching $266,661. During the following two months (December, January) the average price had a considerable increase of 120 % 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 $271,130 to $198,830, which means a 73 % fall.