The prices in real estate in Fife Lake, 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 Fife Lake has increased strongly during the last 6 months. In October, the average price per sq.feet was $1,649. In November this price pretty much remained the same at a value of $1,574 per sq.feet. The price for the following two months in (December, January) had a considerable decrease of 30 with regard to the prior two months. The price per sq.feet has had a considerable increase of 435 % 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 $1,049.75 to $4,569 during February, and March.
Based upon to the price in Fife Lake (cities), these have remained the same in the last 6 months. The average price for October is $290,953. During November the price had a slight fall till $273,397. 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 $311,085.5 to $234,323.5, which means a 75 % fall.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $201,423 they are 63 % more affordable than the average price for Fife Lake. Based on the bedrooms values, properties with the highest prices are those with 3 bedrooms. They are 109 % more expensive than the average aforementioned.
With regard to the average price per sq.feet , those properties with 1 bedroom are the cheapest ones at a cost of $228 / sq.feet, with an average $4,971 / sq.feet price in Fife Lake. Properties with the most affordable price based upon to the number of bedrooms / sq.feet are those with 3 bedrooms. They are 88 % cheaper than the average value aforementioned.