Property prices for sale in Iron Mountain (Michigan)
The prices in real estate in Iron Mountain, 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 Iron Mountain has increased strongly during the last 6 months. In October, the average price per sq.feet was $118. In the following month the price per sq.feet decreased to $109. In the following two months the price per sq.feet has increased 108 %, going from $113.5 to $123 per sq.feet. The price per sq.feet has had a considerable increase of 599 % 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 $118.25 to $708 during February, and March.
Based upon to the price in Iron Mountain (cities), these have remained the same in the last 6 months. In our first sample month during October, the average price is $187,950. In November This price remains at $187,194. During the following two months (December, January) the average price had a considerable increase of 118 % 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 $204,340.25 to $169,982.5, which means a 83 % fall.
