The prices in real estate in Harrison Township, 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 Harrison Township has had a strong decrease during the last 6 months. In May, the average price per sq.feet was $365. In the following month the price per sq.feet decreased considerably to $295. The price for the following two months in (July, August) had a considerable decrease of 42 with regard to the prior two months. The price per sq.feet has had a considerable deflation of 69 % 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 $234 to $162 during September, and October.
Based upon to the price in Harrison Township (cities), this has fallen considerably in the last 6 months. The average price for May is $684,278. During June the price had a slight fall till $637,644. During the following two months (July, August) the average price had a considerable reduction of 48 % 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 $487,840 to $261,490, which means a 54 % fall.
The graph displaying the average price for bedrooms illustrates that those properties with 3 bedrooms are the most costly ones. At a price of $299,041 they are 3 % more expensive than the average price for Harrison Township. Following this ranking we find those properties with 1 at an average price of $314,089. The properties with the highest average price have 1 bedroom, Their price is 5 % more costly than the average. After that we have properties with 3 bedrooms priced at $309,403.
With regard to the average price per sq.feet , those properties with 3 bedrooms are the cheapest ones at a cost of $121 / sq.feet, with an average $176 / sq.feet price in Harrison Township. The properties with the lowest average prices have 1 bedroom. They are 23 % cheaper than the average followed by properties with 3 bedrooms with a price at $121 / sq.feet.
The graph displaying the average prices displays the property type "Apartment" as the most costly one. At an cost of $299,041 it is 3 % more expensive than the average price in Harrison Township. "Condo" is seen as the second dearest property type. The dearest property type is "Condo" followed by "Apartment". At a price of $309,403 it is 75 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "Apartment" at an average cost of $121 / sq.feet followed by "Condo" priced at $148 / sq.feet. "Condo" is the cheapest type of property with a $148 / sq.feet value followed by "Apartment" with an average price of $121 / sq.feet.