Property prices for sale in Mount Morris (Michigan)
The prices in real estate in Mount Morris, 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 Mount Morris has increased strongly during the last 6 months. In October, the average price per sq.feet was $110. In November this price pretty much remained the same at a value of $110 per sq.feet. In the following two months the price per sq.feet has barely changed, going from $110 to $109.5 per sq.feet. The price per sq.feet has had a considerable increase of 284 % 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 $109.75 to $311.5 during February, and March.
Based upon to the price in Mount Morris (cities), this has gone up in the last 6 months. The price in October is $145,871, rising in November till $156,426. In the following two months the average price has remained the same with regard to the previous two months from $151,148.5 to $151,731.5. Based on an analysis of the first four prices and the last two months the average price has gone up 112 % during the last two months.
The graph displaying the average price for bedrooms illustrates that those properties with 4 bedrooms are the cheapest ones. At a price of $161,904 they are 90 % more affordable than the average price for Mount Morris. The properties with the lowest average price have 1 bedroom, Their price is 56 % cheaper than the average. After that we have properties with 3 bedrooms priced at $15,809.
With regard to the average price per sq.feet , those properties with 1 bedroom are the cheapest ones at a cost of $5 / sq.feet, with an average $436 / sq.feet price in Mount Morris. The properties with the lowest average prices have 3 bedrooms. They are 96 % cheaper than the average followed by properties with 4 bedrooms with a price at $14 / sq.feet.
The graph displaying the average prices displays the property type "Apartment" as the most affordable one. At an cost of $161,904 it is 90 % cheaper than the average price in Mount Morris. "" is seen as the second most affordable property type. The cheapest type property is "" followed by "Apartment". At a price of $15,729 it is 57 % more affordable than the average price.
According to the average area cost by sq.feet the cheapest property type is "Apartment with an average price of $14 / sq.feet. "Apartment" with an average cost of $14 / sq.feet has the lowest price and would be directed at less affluent cities.
