Property prices for sale in Lennon (Michigan)
The prices in real estate in Lennon, 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.
The price per sq.feet in Lennon has had a strong decrease during the last 6 months. In October, the average price per sq.feet was $856. In the following month the price per sq.feet decreased to $796. The price for the following two months in (December, January) had a considerable decrease of 59 with regard to the prior two months. The price per sq.feet has had a considerable deflation of 24 % 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 $656 to $159.5 during February, and March.
Based upon to the price in Lennon (cities), this has gone downing the last 6 months. The price in October is $217,025, rising in November till $243,033. During the following two months (December, January) the average price had a considerable reduction of 43 % with regard to the previous two months. Based on an analysis of the first four prices and the last two months the average price has risen strongly 177 % during the last two months.
