Property prices for sale in Munising (Michigan)
The prices in real estate in Munising, in the Michigan region have had a strong fall in the last couple of months. The real estate prices for second hand homes have gone through a strong fall in this city.
The price per sq.feet in Munising has had a strong decrease during the last 6 months. In July, the average price per sq.feet was $176. In the following month the price per sq.feet decreased considerably to $148. The price for the following two months in (September, October) decreased 92 % with regard to the prior two months. The price per sq.feet has had a considerable deflation of 80 % 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 $155.75 to $124 during November, and December.
Based upon to the price in Munising (cities), this has gone downing the last 6 months. The average price for July is $225,327. During August the price had a slight fall till $204,958. In the following two months the average price has remained the same with regard to the previous two months from $215,142.5 to $210,513.5. During the last two months the average price has had a strong fall compared to the previous four going from $212,828 to $175,603, which means a 83 % fall.
