The prices in real estate in Fowlerville, 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 Fowlerville has had a strong decrease during the last 6 months. In April, the average price per sq.feet was $119. In the following month the price per sq.feet decreased considerably to . In the following two months the price per sq.feet has barely changed, going from $59.5 to $60.5 per sq.feet. The price per sq.feet has had a considerable increase of 193 % 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 $60 to $115.5 during August, and September.
Based upon to the price in Fowlerville (cities), this has fallen considerably in the last 6 months. The average price for April is $226,754. During May the price had a considerable reduction till . During the following two months (June, July) 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 221 % during the last two months.
The graph displaying the average price for bedrooms illustrates that those properties with 2 bedrooms are the cheapest ones. At a price of $218,332 they are 7 % more affordable than the average price for Fowlerville. The properties with the highest average price have 1 bedroom, Their price is 3 % more costly than the average. After that we have properties with 2 bedrooms priced at $202,346.
With regard to the average price per sq.feet , those properties with 2 bedrooms are the cheapest ones at a cost of $113 / sq.feet, with an average $117 / sq.feet price in Fowlerville. The properties with the lowest average prices have 1 bedroom. They are 1 % cheaper than the average followed by properties with 2 bedrooms with a price at $113 / sq.feet.
The graph displaying the average prices displays the property type "House" as the most affordable one. At an cost of $218,332 it is 7 % cheaper than the average price in Fowlerville. "Commercial" is seen as the second most affordable property type. The dearest property type is "Townhouse" followed by "Commercial". At a price of $276,465 it is 27 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "House" at an average cost of $113 / sq.feet followed by "Commercial" priced at $130 / sq.feet. "Townhouse" is the most costly type of property with a $133 / sq.feet cost followed by "Commercial" with an average price of $130 / sq.feet.