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 December, the average price per sq.feet was $115. In January this price pretty much remained the same at a value of $115 per sq.feet. In the following two months the price per sq.feet has barely changed, going from $115 to $113.5 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 $114.25 to $110 during April y May
Based upon to the price in Monroe (cities), this has gone downing the last 6 months. The average price for December is $202,091. During January the price had a slight fall till $179,669. During the following two months (February, March) the price has had an average incrementation from $190,880 to $207,064. During the last two months, the average price has reduced with regard to the previous ones. To be precise it has gone down 92 %, going from $198,972 to $182,658.5 in April and May.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $171,642 they are 51 % more affordable than the average price for Monroe. The properties with the highest average price have 4 bedrooms, Their price is 22 % more costly than the average. After that we have properties with 3 bedrooms priced at $191,411.
With regard to the average price per sq.feet , those properties with 1 bedroom are the cheapest ones at a cost of $61 / sq.feet, with an average $108 / sq.feet price in Monroe. The properties with the highest average prices have 3 bedrooms. They are 15 % more expensive than the average followed by properties with 4 bedrooms with a price at $110 / sq.feet.
The graph displaying the average prices displays the property type "Condo" as the most affordable one. At an cost of $171,642 it is 40 % cheaper than the average price in Monroe. "House" is seen as the second most affordable property type. The dearest property type is "House" followed by "Condo". At a price of $103,609 it is 19 % 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 $126 / sq.feet followed by "Condo" priced at $495 / sq.feet. "Condo" is the most costly type of property with a $495 / sq.feet cost followed by "House" with an average price of $126 / sq.feet.