The prices in real estate in Madison Heights, in the Michigan region have had a minor rise in the last couple of months. The real estate prices for second hand homes have risen in this city.
The price per sq.feet in Madison Heights has increased during the last 6 months. In June, the average price per sq.feet was $119. In the following month the price per sq.feet increased considerably to $143. In the following two months the price per sq.feet has barely changed, going from $131 to $135 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 $133 to $135 during October y November
Based upon to the price in Madison Heights (cities), this has gone up considerably in the last 6 months. The average price during our first sample month during June, is $101,950. During July the price went through a considerable rise reaching $124,256. In the following two months the average price has remained the same with regard to the previous two months from $113,103 to $117,184. Based on an analysis of the first four prices and the last two months the average price has gone up 108 % during the last two months.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $130,225 they are 36 % more affordable than the average price for Madison Heights. The properties with the highest average price have 3 bedrooms, Their price is 30 % more costly than the average. After that we have properties with 4 bedrooms priced at $169,008.
With regard to the average price per sq.feet , those properties with 1 bedroom are the cheapest ones at a cost of $124 / sq.feet, with an average $138 / sq.feet price in Madison Heights. The properties with the highest average prices have 3 bedrooms. They are 1395 % more expensive than the average followed by properties with 4 bedrooms with a price at $2,060 / sq.feet.
The graph displaying the average prices displays the property type "Townhouse" as the most costly one. At an cost of $130,225 it is 29 % more expensive than the average price in Madison Heights. "Apartment" is seen as the second dearest property type. The dearest property type is "Apartment" followed by "Townhouse". At a price of $168,162 it is 30 % more expensive than the average price.
According to the average cost per sq.feet, the most expensive property type would be "Townhouse" at an average cost of $2,045 / sq.feet followed by "Apartment" priced at $2,060 / sq.feet. "Apartment" is the most costly type of property with a $2,060 / sq.feet cost followed by "Townhouse" with an average price of $2,045 / sq.feet.