The prices in real estate in Holly, 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 Holly has had a strong decrease during the last 6 months. In November, the average price per sq.feet was $837. In the following month the price per sq.feet decreased considerably to $190. The price for the following two months in (January, February) had a considerable increment of 159 %. The price per sq.feet has had a considerable deflation of 61 % 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 $665.75 to $408.5 during March, and April.
Based upon to the price in Holly (cities), this has gone up considerably in the last 6 months. The price in November is $321,850, rising in December till $352,898. In the following two months the average price has remained the same with regard to the previous two months from $337,374 to $342,159.5. Based on an analysis of the first four prices and the last two months the average price has risen strongly 120 % 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 $446,015 they are 58 % more affordable than the average price for Holly. The properties with the lowest average price have 4 bedrooms, Their price is 28 % cheaper than the average. After that we have properties with 2 bedrooms priced at $222,817.
With regard to the average price per sq.feet , those properties with 3 bedrooms are the cheapest ones at a cost of $68 / sq.feet, with an average $212 / sq.feet price in Holly. The properties with the highest average prices have 1 bedroom. They are 3 % more expensive than the average followed by properties with 2 bedrooms with a price at $167 / sq.feet.
The graph displaying the average prices displays the property type "Duplex" as the most affordable one. At an cost of $446,015 it is 92 % cheaper than the average price in Holly. "" is seen as the second most affordable property type. The cheapest type property is "House" followed by "". At a price of $54,291 it is 39 % more affordable than the average price.
According to the average cost per sq.feet, the cheapest property type is "Duplex" at an average cost of $76 / sq.feet followed by "House" priced at $148 / sq.feet. "House" is the cheapest type of property with a $148 / sq.feet value followed by "Duplex" with an average price of $76 / sq.feet.