The prices in real estate in Manistee, 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 Manistee has increased during 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 $79. In the following two months the price per sq.feet has increased 112 %, going from $81.5 to $91 per sq.feet. The price per sq.feet has increased 112 % 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 $86.25 to $97 during March, and April.
Based upon to the price in Manistee (cities), this has gone up considerably in the last 6 months. The average price for November is $186,934. During December the price had a slight fall till $173,222. During the following two months (January, February) the average price had a considerable increase of 121 % 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 119 % 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 $237,909 they are 49 % more affordable than the average price for Manistee. The properties with the highest average price have 3 bedrooms, Their price is 19 % more costly than the average. After that we have properties with 4 bedrooms priced at $207,705.
With regard to the average price per sq.feet , those properties with 4 bedrooms are the cheapest ones at a cost of $70 / sq.feet, with an average $103 / sq.feet price in Manistee. The properties with the highest average prices have 3 bedrooms. They are 54 % more expensive than the average followed by properties with 2 bedrooms with a price at $132 / sq.feet.
The graph displaying the average prices displays the property type "Land" as the most affordable one. At an cost of $237,909 it is 50 % cheaper than the average price in Manistee. "Condo" is seen as the second most affordable property type. The dearest property type is "House" followed by "Condo". At a price of $236,012 it is 5 % more expensive than the average price.
According to the average cost per sq.feet, the most expensive property type would be "House" at an average cost of $118 / sq.feet followed by "Condo" priced at $152 / sq.feet. "Land" is the most costly type of property with a $527 / sq.feet cost followed by "Condo" with an average price of $152 / sq.feet.