Property prices for sale in Little Lake (Michigan)
The prices in real estate in Little 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.
The price per sq.feet in Little Lake has had a strong decrease during the last 6 months. In March, the average price per sq.feet was $40,044. In the following month the price per sq.feet decreased considerably to $11,128. The price for the following two months in (May, June) had a considerable decrease of 0 with regard to the prior two months. The price per sq.feet has had a considerable deflation of 3 % 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 $12,834.25 to $384.5 during July, and August.
Based upon to the price in Little Lake (cities), this has fallen considerably in the last 6 months. The average price for March is $377,400. During April the price had a slight fall till $356,900. During the following two months (May, June) the average price had a considerable reduction of 65 % with regard to the previous two months. During the last two months the average price has had a strong fall compared to the previous four going from $303,815 to $116,808.5, which means a 38 % fall.
