Property prices for sale in Morenci (Michigan)
The prices in real estate in Morenci, 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 Morenci has increased strongly during the last 6 months. In November, the average price per sq.feet was $89. In the following month the price per sq.feet decreased considerably to $67. In the following two months the price per sq.feet has barely changed, going from $78 to $81.5 per sq.feet. The price per sq.feet has had a considerable increase of 991 % 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 $79.75 to $790 during March, and April.
Based upon to the price in Morenci (cities), this has fallen considerably in the last 6 months. The average price for November is $147,758. During December the price had a considerable reduction till $102,151. During the following two months (January, February) the average price fell 93 % with regard to the previous two months. Based on an analysis of the first four prices and the last two months the average price has gone up 106 % during the last two months.
