The prices in real estate in Ionia, 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 Ionia has increased strongly during the last 6 months. In November, the average price per sq.feet was $121. In the following month the price per sq.feet increased to $136. The price for the following two months in (January, February) had a considerable increment of 118 %. 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 $139.75 to $136.5 during March y April
Based upon to the price in Ionia (cities), these have remained the same in the last 6 months. In our first sample month during November, the average price is $230,499. In December This price remains at $233,161. In the following two months the average price has remained the same with regard to the previous two months from $231,830 to $224,500.5. 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 $228,165.25 and $218,702 between March and April.
The graph displaying the average price for bedrooms illustrates that those properties with 3 bedrooms are the cheapest ones. At a price of $232,656 they are 19 % more affordable than the average price for Ionia. The properties with the lowest average price have 2 bedrooms, Their price is 17 % cheaper than the average. After that we have properties with 1 bedroom priced at $190,177.
With regard to the average price per sq.feet , those properties with 3 bedrooms are the cheapest ones at a cost of $37 / sq.feet, with an average $136 / sq.feet price in Ionia. The properties with the lowest average prices have 1 bedroom. They are 54 % cheaper than the average followed by properties with 2 bedrooms with a price at $57 / sq.feet.
The graph displaying the average prices displays the property type "House" as the most affordable one. At an cost of $232,656 it is 21 % cheaper than the average price in Ionia. "Villa" is seen as the second most affordable property type. The cheapest type property is "Apartment" followed by "Villa". At a price of $188,680 it is 19 % more affordable than the average price.
According to the average cost per sq.feet, the cheapest property type is "House" at an average cost of $32 / sq.feet followed by "Villa" priced at $34 / sq.feet. "Apartment" is the cheapest type of property with a $37 / sq.feet value followed by "Villa" with an average price of $34 / sq.feet.