The prices in real estate in Jenison, 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 Jenison has increased strongly during the last 6 months. In October, the average price per sq.feet was $174. In November this price pretty much remained the same at a value of $175 per sq.feet. The price for the following two months in (December, January) had a considerable increment of 116 %. The price per sq.feet has increased 115 % 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 $188.5 to $216 during February, and March.
Based upon to the price in Jenison (cities), this has gone up in the last 6 months. In our first sample month during October, the average price is $379,988. In November This price remains at $392,118. In the following two months the average price has remained the same with regard to the previous two months from $386,053 to $402,421. 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 $394,237 and $410,752.5 between February and March.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $409,340 they are 28 % more affordable than the average price for Jenison. The properties with the highest average price have 4 bedrooms, Their price is 15 % more costly than the average. After that we have properties with 3 bedrooms priced at $374,910.
With regard to the average price per sq.feet , those properties with 4 bedrooms are the cheapest ones at a cost of $208 / sq.feet, with an average $213 / sq.feet price in Jenison. The properties with the highest average prices have 1 bedroom. They are 13 % more expensive than the average followed by properties with 3 bedrooms with a price at $217 / sq.feet.
The graph displaying the average prices displays the property type "Apartment" as the most affordable one. At an cost of $409,340 it is 25 % cheaper than the average price in Jenison. "Condo" is seen as the second most affordable property type. The dearest property type is "House" followed by "Condo". At a price of $342,625 it is 10 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "Apartment" at an average cost of $139 / sq.feet followed by "House" priced at $218 / sq.feet. "Condo" is the most costly type of property with a $225 / sq.feet cost followed by "House" with an average price of $218 / sq.feet.