The prices in real estate in Morrice, 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 Morrice has increased strongly during the last 6 months. In November, the average price per sq.feet was $918. In the following month the price per sq.feet decreased considerably to $179. The price for the following two months in (January, February) had a considerable increment of 245 %. The price per sq.feet has had a considerable increase of 157 % 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 $947.25 to $1,487 during March, and April.
Based upon to the price in Morrice (cities), this has fallen considerably in the last 6 months. The average price for November is $575,681. During December the price had a considerable reduction till $438,061. During the following two months (January, February) the average price had a considerable reduction of 63 % with regard to the previous two months. During the last two months, the average price has reduced with regard to the previous ones. To be precise it has gone down 87 %, going from $411,905.25 to $358,118.5 in March and April.