The prices in real estate in Hudsonville, 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 Hudsonville has had a strong decrease during the last 6 months. In November, the average price per sq.feet was $4,006. In the following month the price per sq.feet decreased considerably to $2,044. The price for the following two months in (January, February) had a considerable increment of 131 %. The price per sq.feet has barely changed in the last two months compared to the average price of the previous four months going from an average price of $3,499 to $3,507 during March y April
Based upon to the price in Hudsonville (cities), these have remained the same in the last 6 months. In our first sample month during November, the average price is $441,750. In December This price remains at $448,380. During the following two months (January, February) the price has had an average incrementation from $445,065 to $469,079. During the last two months, the average price has pretty much remained the same with regard to the previous average values going from an average value of $457,072 and $446,611 between March and April.
The graph displaying the average price for bedrooms illustrates that those properties with 2 bedrooms are the cheapest ones. At a price of $459,467 they are 29 % more affordable than the average price for Hudsonville. The properties with the highest average price have 4 bedrooms, Their price is 18 % more costly than the average. After that we have properties with 3 bedrooms priced at $402,645.
With regard to the average price per sq.feet , those properties with 2 bedrooms are the cheapest ones at a cost of $228 / sq.feet, with an average $644 / sq.feet price in Hudsonville. The properties with the lowest average prices have 1 bedroom. They are 57 % cheaper than the average followed by properties with 4 bedrooms with a price at $249 / sq.feet.
The graph displaying the average prices displays the property type "Land" as the most affordable one. At an cost of $459,467 it is 51 % cheaper than the average price in Hudsonville. "Commercial" is seen as the second most affordable property type. The dearest property type is "House" followed by "Condo". At a price of $411,615 it is 11 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "Commercial" at an average cost of $54 / sq.feet followed by "Condo" priced at $233 / sq.feet. "Land" is the most costly type of property with a $75,767 / sq.feet cost followed by "House" with an average price of $300 / sq.feet.