The prices in real estate in Monroe, 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 Monroe has increased during the last 6 months. In September, the average price per sq.feet was $108. In the following month the price per sq.feet increased to $124. In the following two months the price per sq.feet has barely changed, going from $116 to $116.5 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 $116.25 to $114.5 during January y February
Based upon to the price in Monroe (cities), this has gone up in the last 6 months. The price in September is $185,000, rising in October till $205,006. In the following two months the average price has remained the same with regard to the previous two months from $195,003 to $201,970.5. During the last two months, the average price has pretty much remained the same with regard to the previous average values going from an average value of $198,486.75 and $194,003.5 between January and February.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $208,338 they are 60 % more affordable than the average price for Monroe. The properties with the highest average price have 4 bedrooms, Their price is 1 % more costly than the average. After that we have properties with 3 bedrooms priced at $191,987.
With regard to the average price per sq.feet , those properties with 1 bedroom are the cheapest ones at a cost of $52 / sq.feet, with an average $114 / sq.feet price in Monroe. The properties with the highest average prices have 3 bedrooms. They are 11 % more expensive than the average followed by properties with 4 bedrooms with a price at $113 / sq.feet.
The graph displaying the average prices displays the property type "Condo" as the most affordable one. At an cost of $208,338 it is 50 % cheaper than the average price in Monroe. "House" is seen as the second most affordable property type. The cheapest type property is "House" followed by "Condo". At a price of $103,921 it is 1 % more affordable 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 $129 / sq.feet followed by "Condo" priced at $498 / sq.feet. "Condo" is the most costly type of property with a $498 / sq.feet cost followed by "House" with an average price of $129 / sq.feet.