The prices in real estate in Kalamazoo, in the Michigan region have had a minor rise in the last couple of months. The real estate prices for second hand homes have risen in this city.
The price per sq.feet in Kalamazoo has increased during the last 6 months. In February, the average price per sq.feet was $109. In March this price pretty much remained the same at a value of $111 per sq.feet. In the following two months the price per sq.feet has barely changed, going from $110 to $113.5 per sq.feet. The price per sq.feet has increased 107 % 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 $111.75 to $119.5 during June, and July.
Based upon to the price in Kalamazoo (cities), this has gone up in the last 6 months. The price in February is $234,761, rising in March till $248,983. During the following two months (April, May) the price has had an average incrementation from $241,872 to $260,824.5. Based on an analysis of the first four prices and the last two months the average price has gone up 110 % 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 $261,066 they are 58 % more affordable than the average price for Kalamazoo. The properties with the highest average price have 4 bedrooms, Their price is 53 % more costly than the average. After that we have properties with 3 bedrooms priced at $279,044.
With regard to the average price per sq.feet , those properties with 1 bedroom are the cheapest ones at a cost of $102 / sq.feet, with an average $114 / sq.feet price in Kalamazoo. The properties with the highest average prices have 4 bedrooms. They are 10 % more expensive than the average followed by properties with 2 bedrooms with a price at $124 / sq.feet.
The graph displaying the average prices displays the property type "Land" as the most affordable one. At an cost of $261,066 it is 80 % cheaper than the average price in Kalamazoo. "Apartment" is seen as the second most affordable property type. The dearest property type is "Condo" followed by "House". At a price of $276,165 it is 29 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "Land" at an average cost of $1 / sq.feet followed by "House" priced at $117 / sq.feet. "Apartment" is the most costly type of property with a $763 / sq.feet cost followed by "Condo" with an average price of $182 / sq.feet.