Property prices for sale in Irons (Michigan)
The prices in real estate in Irons, 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 Irons has had a strong decrease during the last 6 months. In November, the average price per sq.feet was $1,286. In the following month the price per sq.feet decreased considerably to $686. In the following two months the price per sq.feet has barely changed, going from $986 to $1,017 per sq.feet. The price per sq.feet has decreased 91 % 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 $1,001.5 to $916 during March, and April.
Based upon to the price in Irons (cities), this has gone up considerably in the last 6 months. The price in November is $175,312, rising in December till $190,963. During the following two months (January, February) the price has had an average incrementation from $183,137.5 to $192,701. Based on an analysis of the first four prices and the last two months the average price has risen strongly 164 % during the last two months.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $368,345 they are 61 % more affordable than the average price for Irons. The properties with the highest average price have 4 bedrooms, Their price is 65 % more costly than the average. After that we have properties with 3 bedrooms priced at $362,200.
With regard to the average price per sq.feet , those properties with 1 bedroom are the cheapest ones at a cost of $154 / sq.feet, with an average $225 / sq.feet price in Irons. The properties with the highest average prices have 4 bedrooms. They are 9 % more expensive than the average followed by properties with 3 bedrooms with a price at $227 / sq.feet.
With regard to the average price based upon the property in Irons we can see that most expensive property type is "House" at a price of $385,131, they are 5 % more costly than the average price of (!PRECIO2!). "House" has the highest price. This price is 5 % more expensive than the average price aforementioned.
According to the average area cost by sq.feet the cheapest property type is "House with an average price of $211 / sq.feet. "House" with an average cost of $211 / sq.feet has the lowest price and would be directed at less affluent cities.
