Property prices for sale in Lake (Michigan)

The prices in real estate in Lake, 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.

$201,432.17
Average price last 6 months
$277
Price/sq.feet last 6 months
Average price per sq.feet

The price per sq.feet in Lake has had a strong decrease during the last 6 months. In November, the average price per sq.feet was $471. In the following month the price per sq.feet decreased considerably to $170. The price for the following two months in (January, February) had a considerable decrease of 72 with regard to the prior two months. 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 $275.25 to $280.5 during March y April

Average price

Based upon to the price in Lake (cities), this has gone downing the last 6 months. The average price for November is $215,648. During December the price had a slight fall till $183,793. In the following two months the average price has remained the same with regard to the previous two months from $199,720.5 to $207,419. 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 $203,569.75 and $197,157 between March and April.

Average price per bedrooms

The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $225,097 they are 71 % more affordable than the average price for Lake. Based on the bedrooms values, properties with the highest prices are those with 2 bedrooms. They are 11 % more expensive than the average aforementioned.

With regard to the average price per sq.feet , those properties with 3 bedrooms are the cheapest ones at a cost of $154 / sq.feet, with an average $171 / sq.feet price in Lake. Properties with the most expensive price based upon to the number of bedrooms / sq.feet are those with 1 bedroom. They are 170 % more costly than the average value aforementioned.

Charts data
Average price April
Average price per sq.feet April
Number of properties used in Lake
Number of properties used in region Michigan
$225,097
$171
588
500,930
** Graph's data with null or zero value are due to there isn't enough data available to get a reliable value