The prices in real estate in Northport, in the Michigan region have remained the same in the last couple of months. The real estate prices for second hand homes have remained in this city.
The price per sq.feet in Northport has remained the same in the last 6 months. In May, the average price per sq.feet was $254. In the following month the price per sq.feet increased to $278. In the following two months the price per sq.feet has barely changed, going from $266 to $271.5 per sq.feet. The price per sq.feet has decreased 93 % 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 $268.75 to $250.5 during September, and October.
Based upon to the price in Northport (cities), these have remained the same in the last 6 months. The price in May is $747,815, rising in June till $838,348. During the following two months (July, August) the average price fell 93 % with regard to the previous two months. During the last two months the average price has had a strong fall compared to the previous four going from $765,613 to $630,700, which means a 82 % fall.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $667,917 they are 55 % more affordable than the average price for Northport. The properties with the highest average price have 4 bedrooms, Their price is 20 % more costly than the average. After that we have properties with 3 bedrooms priced at $606,733.
With regard to the average price per sq.feet , those properties with 2 bedrooms are the cheapest ones at a cost of $212 / sq.feet, with an average $255 / sq.feet price in Northport. The properties with the highest average prices have 3 bedrooms. They are 2 % more expensive than the average followed by properties with 1 bedroom with a price at $256 / sq.feet.
With regard to the average price based upon the property in Northport we can see that most expensive property type is "Land" at a price of $1,851,236, they are 177 % more costly than the average price of (!PRECIO2!). "Land" has the highest price. This price is 177 % more expensive than the average price aforementioned.
According to the average area price by sq.feet the most costly property type is "Land with an average price of $3,777 / sq.feet. "Land" at an average price of $3,777 / sq.feet has the most expensive price and would be directed at more affluent cities.