The prices in real estate in Marlette, in the Michigan region have had a strong rise in the last couple of months. The real estate prices for second hand homes have gone through a strong increase in this city.
The price per sq.feet in Marlette has increased strongly during the last 6 months. In July, the average price per sq.feet was $100. In August this price pretty much remained the same at a value of $98 per sq.feet. In the following two months the price per sq.feet has barely changed, going from $99 to $97 per sq.feet. The price per sq.feet has had a considerable increase of 494 % 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 $98 to $484.5 during November, and December.
Based upon to the price in Marlette (cities), this has gone up considerably in the last 6 months. In our first sample month during July, the average price is $174,093. In August This price remains at $172,080. In the following two months the average price has remained the same with regard to the previous two months from $173,086.5 to $168,500.5. Based on an analysis of the first four prices and the last two months the average price has risen strongly 401 % during the last two months.
The graph displaying the average price for bedrooms illustrates that those properties with 3 bedrooms are the cheapest ones. At a price of $1,197,580 they are 92 % more affordable than the average price for Marlette. The properties with the lowest average price have 1 bedroom, Their price is 92 % cheaper than the average. After that we have properties with 2 bedrooms priced at $90,794.
With regard to the average price per sq.feet , those properties with 3 bedrooms are the cheapest ones at a cost of $27 / sq.feet, with an average $858 / sq.feet price in Marlette. The properties with the lowest average prices have 1 bedroom. They are 96 % cheaper than the average followed by properties with 2 bedrooms with a price at $32 / sq.feet.
With regard to the average price based upon the property in Marlette we can see that the cheapest property type is "Apartment" at a price of $90,339, they are 92 % more affordable than the average price of (!PRECIO2!). "Apartment" has the lowest price. This price is 92 % more affordable than the average price aforementioned.
According to the average area cost by sq.feet the cheapest property type is "Apartment with an average price of $27 / sq.feet. "Apartment" with an average cost of $27 / sq.feet has the lowest price and would be directed at less affluent cities.