The prices in real estate in Lansing, in the Michigan region have remained the same in the last couple of months. The real estate prices for second hand homes have remained in this city.
The price per sq.feet in Lansing has remained the same in the last 6 months. In November, the average price per sq.feet was $84. In the following month the price per sq.feet decreased to $78. In the following two months the price per sq.feet has increased 107 %, going from $81 to $86.5 per sq.feet. 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 $83.75 to $82 during March y April
Based upon to the price in Lansing (cities), these have remained the same in the last 6 months. The average price for November is $116,062. During December the price had a slight fall till $109,338. In the following two months the average price has remained the same with regard to the previous two months from $112,700 to $116,877.5. During the last two months, the average price has reduced with regard to the previous ones. To be precise it has gone down 94 %, going from $114,788.75 to $107,682 in March and April.
The graph displaying the average price for bedrooms illustrates that those properties with 2 bedrooms are the cheapest ones. At a price of $100,021 they are 29 % more affordable than the average price for Lansing. The properties with the highest average price have 4 bedrooms, Their price is 45 % more costly than the average. After that we have properties with 3 bedrooms priced at $101,700.
With regard to the average price per sq.feet , those properties with 2 bedrooms are the cheapest ones at a cost of $75 / sq.feet, with an average $76 / sq.feet price in Lansing. The properties with the highest average prices have 1 bedroom. They are 24 % more expensive than the average followed by properties with 4 bedrooms with a price at $83 / sq.feet.
The graph displaying the average prices displays the property type "House" as the most costly one. At an cost of $100,021 it is 1 % more expensive than the average price in Lansing. "Commercial" is seen as the second dearest property type. The dearest property type is "Land" followed by "Condo". At a price of $258,140 it is 840 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "House" at an average cost of $76 / sq.feet followed by "Commercial" priced at $131 / sq.feet. "Land" is the most costly type of property with a $322,199 / sq.feet cost followed by "Condo" with an average price of $159 / sq.feet.