Property prices for sale in Monroe (Michigan)
The prices in real estate in Monroe, in the Michigan region have remained the same in the last couple of months. The real estate prices for second hand homes have remained in this city.
The price per sq.feet in Monroe has remained the same in the last 6 months. In November, the average price per sq.feet was $150. In December this price pretty much remained the same at a value of $143 per sq.feet. In the following two months the price per sq.feet has barely changed, going from $146.5 to $148 per sq.feet. The price per sq.feet has increased 108 % 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 $147.25 to $159 during March, and April.
Based upon to the price in Monroe (cities), this has gone downing the last 6 months. The average price for November is $249,869. During December the price had a slight fall till $214,110. In the following two months the average price has remained the same with regard to the previous two months from $231,989.5 to $234,466.5. 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 $233,228 and $240,110.5 between March and April.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $253,854 they are 29 % more affordable than the average price for Monroe. The properties with the highest average price have 4 bedrooms, Their price is 13 % more costly than the average. After that we have properties with 3 bedrooms priced at $270,202.
With regard to the average price per sq.feet , those properties with 4 bedrooms are the cheapest ones at a cost of $142 / sq.feet, with an average $158 / sq.feet price in Monroe. The properties with the highest average prices have 3 bedrooms. They are 9 % more expensive than the average followed by properties with 1 bedroom with a price at $171 / sq.feet.
The graph displaying the average prices displays the property type "Farm" as the most affordable one. At an cost of $253,854 it is 61 % cheaper than the average price in Monroe. "Condo" is seen as the second most affordable property type. The dearest property type is "Commercial" followed by "Land". At a price of $263,365 it is 20 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "Commercial" at an average cost of $79 / sq.feet followed by "House" priced at $162 / sq.feet. "Land" is the most costly type of property with a $108,996 / sq.feet cost followed by "Farm" with an average price of $460 / sq.feet.
