The prices in real estate in Northport, 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 Northport has increased strongly during the last 6 months. In February, the average price per sq.feet was $353. In the following month the price per sq.feet increased to $380. The price for the following two months in (April, May) had a considerable increment of 126 %. 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 $414 to $400.5 during June y July
Based upon to the price in Northport (cities), these have remained the same in the last 6 months. The price in February is $1,227,077, rising in March till $1,339,988. During the following two months (April, May) the price has had an average incrementation from $1,283,532.5 to $1,435,664. During the last two months the average price has had a strong fall compared to the previous four going from $1,359,598.25 to $1,023,219.5, which means a 75 % fall.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $852,500 they are 65 % more affordable than the average price for Northport. The properties with the lowest average price have 4 bedrooms, Their price is 7 % cheaper than the average. After that we have properties with 3 bedrooms priced at $595,299.
With regard to the average price per sq.feet , those properties with 2 bedrooms are the cheapest ones at a cost of $193 / sq.feet, with an average $365 / sq.feet price in Northport. The properties with the lowest average prices have 3 bedrooms. They are 34 % cheaper than the average followed by properties with 1 bedroom with a price at $237 / 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 $1,816,368, they are 113 % more costly than the average price of (!PRECIO2!). "Land" has the highest price. This price is 113 % 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 $3,701 / sq.feet. "Land" at an average price of $3,701 / sq.feet has the most expensive price and would be directed at more affluent cities.