The prices in real estate in Genesee, 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 Genesee has increased strongly during the last 6 months. In October, the average price per sq.feet was $113. In the following month the price per sq.feet increased to $125. The price for the following two months in (December, January) decreased 88 % with regard to the prior two months. The price per sq.feet has had a considerable increase of 3598 % 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 $111.75 to $4,020.5 during February, and March.
Based upon to the price in Genesee (cities), this has fallen considerably in the last 6 months. In our first sample month during October, the average price is $142,350. In November This price remains at $148,121. During the following two months (December, January) the average price had a considerable reduction of 80 % 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 $130,394.25 to $102,440, which means a 79 % fall.