The prices in real estate in Northville, in the Michigan region have had a minor rise in the last couple of months. The real estate prices for second hand homes have risen in this city.
The price per sq.feet in Northville has increased during the last 6 months. In October, the average price per sq.feet was $266. In the following month the price per sq.feet increased to $305. In the following two months the price per sq.feet has barely changed, going from $285.5 to $295.5 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 $290.5 to $291.5 during February y March
Based upon to the price in Northville (cities), these have remained the same in the last 6 months. In our first sample month during October, the average price is $736,112. In November This price remains at $735,871. During the following two months (December, January) the average price fell 94 % with regard to the previous two months. Based on an analysis of the first four prices and the last two months the average price has risen strongly 117 % during the last two months.
The graph displaying the average price for bedrooms illustrates that those properties with 3 bedrooms are the cheapest ones. At a price of $872,502 they are 39 % more affordable than the average price for Northville. The properties with the lowest average price have 4 bedrooms, Their price is 22 % cheaper than the average. After that we have properties with 1 bedroom priced at $528,791.
With regard to the average price per sq.feet , those properties with 4 bedrooms are the cheapest ones at a cost of $156 / sq.feet, with an average $303 / sq.feet price in Northville. The properties with the lowest average prices have 3 bedrooms. They are 31 % cheaper than the average followed by properties with 1 bedroom with a price at $165 / sq.feet.
The graph displaying the average prices displays the property type "House" as the most affordable one. At an cost of $872,502 it is 70 % cheaper than the average price in Northville. "Apartment" is seen as the second most affordable property type. The cheapest type property is "Condo" followed by "Detached House". At a price of $531,946 it is 38 % more affordable than the average price.
According to the average cost per sq.feet, the cheapest property type is "Townhouse" at an average cost of $112 / sq.feet followed by "Detached House" priced at $151 / sq.feet. "Apartment" is the cheapest type of property with a $187 / sq.feet value followed by "House" with an average price of $183 / sq.feet.