Property prices for sale in Houghton (Michigan)
The prices in real estate in Houghton, 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 Houghton has increased strongly during the last 6 months. In October, the average price per sq.feet was $177. In the following month the price per sq.feet increased considerably to $1,684. The price for the following two months in (December, January) decreased 91 % with regard to the prior two months. The price per sq.feet has had a considerable increase of 1078 % 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 $890.75 to $9,600 during February, and March.
Based upon to the price in Houghton (cities), these have remained the same in the last 6 months. The average price for October is $297,640. During November the price had a slight fall till $281,878. During the following two months (December, January) the average price had a considerable increase of 117 % 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 $314,335 to $233,331.5, which means a 74 % fall.
The graph displaying the average price for bedrooms illustrates that those properties with 4 bedrooms are the cheapest ones. At a price of $228,163 they are 71 % more affordable than the average price for Houghton. The properties with the highest average price have 3 bedrooms, Their price is 82 % more costly than the average. After that we have properties with 2 bedrooms priced at $139,695.
With regard to the average price per sq.feet , those properties with 2 bedrooms are the cheapest ones at a cost of $50 / sq.feet, with an average $8,411 / sq.feet price in Houghton. The properties with the lowest average prices have 4 bedrooms. They are 94 % cheaper than the average followed by properties with 3 bedrooms with a price at $106 / sq.feet.
With regard to the average price based upon the property in Houghton we can see that the cheapest property type is "Apartment" at a price of $122,665, they are 46 % more affordable than the average price of (!PRECIO2!). "Apartment" has the lowest price. This price is 46 % more affordable than the average price aforementioned.
According to the average area cost by sq.feet the cheapest property type is "Apartment with an average price of $6 / sq.feet. "Apartment" with an average cost of $6 / sq.feet has the lowest price and would be directed at less affluent cities.
