The prices in real estate in Michigan Center, in the Michigan region have had a minor fall in the last couple of months. The real estate prices for second hand homes have fallen in this city
The price per sq.feet in Michigan Center has fallen in the last 6 months. In February, the average price per sq.feet was $157. In March this price pretty much remained the same at a value of $153 per sq.feet. The price for the following two months in (April, May) decreased 88 % with regard to the prior two months. The price per sq.feet has decreased 85 % 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 $145.75 to $124 during June, and July.
Based upon to the price in Michigan Center (cities), this has gone downing the last 6 months. In our first sample month during February, the average price is $319,538. In March This price remains at $318,250. During the following two months (April, May) the price has had an average incrementation from $318,894 to $347,024.5. During the last two months the average price has had a strong fall compared to the previous four going from $332,959.25 to $231,565, which means a 70 % fall.
The graph displaying the average price for bedrooms illustrates that those properties with 2 bedrooms are the cheapest ones. At a price of $255,300 they are 36 % more affordable than the average price for Michigan Center. The properties with the lowest average price have 1 bedroom, Their price is 36 % cheaper than the average. After that we have properties with 2 bedrooms priced at $162,529.
With regard to the average price per sq.feet , those properties with 2 bedrooms are the cheapest ones at a cost of $72 / sq.feet, with an average $134 / sq.feet price in Michigan Center. The properties with the lowest average prices have 1 bedroom. They are 43 % cheaper than the average followed by properties with 2 bedrooms with a price at $72 / sq.feet.
With regard to the average price based upon the property in Michigan Center we can see that the cheapest property type is "House" at a price of $162,529, they are 36 % more affordable than the average price of (!PRECIO2!). "House" has the lowest price. This price is 36 % more affordable than the average price aforementioned.
According to the average area cost by sq.feet the cheapest property type is "House with an average price of $72 / sq.feet. "House" with an average cost of $72 / sq.feet has the lowest price and would be directed at less affluent cities.