The prices in real estate in Grosse Ile, 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 Grosse Ile has increased strongly during the last 6 months. In October, the average price per sq.feet was $209. In November this price pretty much remained the same at a value of $199 per sq.feet. The price for the following two months in (December, January) decreased 90 % with regard to the prior two months. The price per sq.feet has had a considerable increase of 3607 % 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 $194 to $6,997 during February, and March.
Based upon to the price in Grosse Ile (cities), this has gone downing the last 6 months. The average price for October is $493,634. During November the price had a slight fall till $438,058. During the following two months (December, January) the average price fell 90 % 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 119 % during the last two months.