The prices in real estate in Hudsonville, in the Michigan region have had a minor fall in the last couple of months. The real estate prices for second hand homes have fallen in this city
The price per sq.feet in Hudsonville has fallen in the last 6 months. In September, the average price per sq.feet was $4,098. In the following month the price per sq.feet increased to $4,673. The price for the following two months in (November, December) had a considerable decrease of 69 with regard to the prior two months. The price per sq.feet has increased 107 % 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 $3,705.25 to $3,973 during January, and February.
Based upon to the price in Hudsonville (cities), this has gone up in the last 6 months. In our first sample month during September, the average price is $433,264. In October This price remains at $447,332. In the following two months the average price has remained the same with regard to the previous two months from $440,298 to $445,065. 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 2 bedrooms are the cheapest ones. At a price of $473,545 they are 27 % more affordable than the average price for Hudsonville. The properties with the highest average price have 4 bedrooms, Their price is 13 % more costly than the average. After that we have properties with 3 bedrooms priced at $481,302.
With regard to the average price per sq.feet , those properties with 2 bedrooms are the cheapest ones at a cost of $250 / sq.feet, with an average $4,657 / sq.feet price in Hudsonville. The properties with the lowest average prices have 4 bedrooms. They are 39 % cheaper than the average followed by properties with 3 bedrooms with a price at $1,521 / sq.feet.
The graph displaying the average prices displays the property type "Land" as the most affordable one. At an cost of $473,545 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 $405,398 it is 16 % 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 $56 / sq.feet followed by "Condo" priced at $234 / sq.feet. "Land" is the most costly type of property with a $65,390 / sq.feet cost followed by "House" with an average price of $4,103 / sq.feet.