The prices in real estate in Lake Odessa, 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 Lake Odessa has increased strongly during the last 6 months. In October, the average price per sq.feet was $690. In the following month the price per sq.feet increased considerably to $2,108. The price for the following two months in (December, January) had a considerable decrease of 12 with regard to the prior two months. The price per sq.feet has had a considerable increase of 1418 % 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 $780 to $11,062.5 during February, and March.
Based upon to the price in Lake Odessa (cities), this has gone downing the last 6 months. The average price for October is $226,890. During November the price had a considerable reduction till $169,122. In the following two months the average price has remained the same with regard to the previous two months from $198,006 to $205,440.5. Based on an analysis of the first four prices and the last two months the average price has risen strongly 121 % during the last two months.