The prices in real estate in Newaygo, in the Michigan region have had a minor fall in the last couple of months. The real estate prices for second hand homes have fallen in this city
The price per sq.feet in Newaygo has fallen in the last 6 months. In November, the average price per sq.feet was $161. In the following month the price per sq.feet decreased considerably to $125. In the following two months the price per sq.feet has barely changed, going from $143 to $138 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 $140.5 to $144.5 during March y April
Based upon to the price in Newaygo (cities), these have remained the same in the last 6 months. The average price for November is $244,514. During December the price had a slight fall till $217,294. During the following two months (January, February) the price has had an average incrementation from $230,904 to $259,034.5. During the last two months, the average price has pretty much remained the same with regard to the previous average values going from an average value of $244,969.25 and $256,656.5 between March and April.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $246,770 they are 30 % more affordable than the average price for Newaygo. The properties with the highest average price have 2 bedrooms, Their price is 18 % more costly than the average. After that we have properties with 4 bedrooms priced at $269,052.
With regard to the average price per sq.feet , those properties with 4 bedrooms are the cheapest ones at a cost of $103 / sq.feet, with an average $139 / sq.feet price in Newaygo. The properties with the highest average prices have 1 bedroom. They are 91 % more expensive than the average followed by properties with 2 bedrooms with a price at $218 / sq.feet.
The graph displaying the average prices displays the property type "Townhouse" as the most affordable one. At an cost of $246,770 it is 8 % cheaper than the average price in Newaygo. "House" is seen as the second most affordable property type. The dearest property type is "Detached House" followed by "House". At a price of $229,530 it is 10 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "Detached House" at an average cost of $75 / sq.feet followed by "Townhouse" priced at $79 / sq.feet. "House" is the cheapest type of property with a $117 / sq.feet value followed by "Townhouse" with an average price of $79 / sq.feet.