Property prices for sale in Hastings (Michigan)
The prices in real estate in Hastings, 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 Hastings has had a strong decrease during the last 6 months. In October, the average price per sq.feet was $1,330. In the following month the price per sq.feet decreased considerably to $169. The price for the following two months in (December, January) had a considerable decrease of 22 with regard to the prior two months. The price per sq.feet has had a considerable increase of 460 % 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 $457.75 to $2,105 during February, and March.
Based upon to the price in Hastings (cities), this has gone up in the last 6 months. The price in October is $242,868, rising in November till $259,446. In the following two months the average price has remained the same with regard to the previous two months from $251,157 to $263,010.5. Based on an analysis of the first four prices and the last two months the average price has gone up 106 % during the last two months.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $269,235 they are 48 % more affordable than the average price for Hastings. The properties with the lowest average price have 3 bedrooms, Their price is 6 % cheaper than the average. After that we have properties with 4 bedrooms priced at $251,296.
With regard to the average price per sq.feet , those properties with 1 bedroom are the cheapest ones at a cost of $141 / sq.feet, with an average $2,973 / sq.feet price in Hastings. The properties with the lowest average prices have 2 bedrooms. They are 93 % cheaper than the average followed by properties with 3 bedrooms with a price at $182 / sq.feet.
The graph displaying the average prices displays the property type "Land" as the most affordable one. At an cost of $269,235 it is 57 % cheaper than the average price in Hastings. "House" is seen as the second most affordable property type. The cheapest type property is "House" followed by "Land". At a price of $115,455 it is 3 % more affordable than the average price.
According to the average cost per sq.feet, the cheapest property type is "House" at an average cost of $170 / sq.feet followed by "Land" priced at $62,741 / sq.feet. "Land" is the most costly type of property with a $62,741 / sq.feet cost followed by "House" with an average price of $170 / sq.feet.
