Property prices for sale in Imlay City (Michigan)

The prices in real estate in Imlay City, 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.

$273,224.33
Average price last 6 months
$230.17
Price/sq.feet last 6 months
Average price per sq.feet

The price per sq.feet in Imlay City has had a strong decrease during the last 6 months. In November, the average price per sq.feet was $512. In the following month the price per sq.feet decreased considerably to $163. The price for the following two months in (January, February) had a considerable decrease of 48 with regard to the prior two months. The price per sq.feet has had a considerable deflation of 77 % 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 $249.5 to $191.5 during March, and April.

Average price

Based upon to the price in Imlay City (cities), this has gone up in the last 6 months. In our first sample month during November, the average price is $244,702. In December This price remains at $244,712. In the following two months the average price has remained the same with regard to the previous two months from $244,707 to $256,276.5. Based on an analysis of the first four prices and the last two months the average price has risen strongly 127 % during the last two months.

Charts data
Average price April
Average price per sq.feet April
Number of properties used in Imlay City
Number of properties used in region Michigan
$344,429
$195
294
500,930
** Graph's data with null or zero value are due to there isn't enough data available to get a reliable value