Property prices for sale in Oakland (Michigan)
The prices in real estate in Oakland, 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 Oakland has fallen in the last 6 months. In November, the average price per sq.feet was $284. In the following month the price per sq.feet decreased considerably to $237. In the following two months the price per sq.feet has increased 108 %, going from $260.5 to $281.5 per sq.feet. The price per sq.feet has decreased 94 % 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 $271 to $256 during March, and April.
Based upon to the price in Oakland (cities), this has fallen considerably in the last 6 months. The average price for November is $1,084,197. During December the price had a slight fall till $976,428. During the following two months (January, February) the average price fell 89 % with regard to the previous two months. During the last two months, the average price has reduced with regard to the previous ones. To be precise it has gone down 88 %, going from $975,599.75 to $857,887.5 in March and April.
The graph displaying the average price for bedrooms illustrates that those properties with 2 bedrooms are the cheapest ones. At a price of $943,206 they are 82 % more affordable than the average price for Oakland. The properties with the lowest average price have 4 bedrooms, Their price is 57 % cheaper than the average. After that we have properties with 1 bedroom priced at $383,943.
With regard to the average price per sq.feet , those properties with 2 bedrooms are the cheapest ones at a cost of $100 / sq.feet, with an average $262 / sq.feet price in Oakland. The properties with the lowest average prices have 1 bedroom. They are 56 % cheaper than the average followed by properties with 3 bedrooms with a price at $109 / sq.feet.
With regard to the average price based upon the property in Oakland we can see that the cheapest property type is "Apartment" at a price of $383,559, they are 59 % more affordable than the average price of (!PRECIO2!). "Apartment" has the lowest price. This price is 59 % more affordable than the average price aforementioned.
According to the average area cost by sq.feet the cheapest property type is "Apartment with an average price of $114 / sq.feet. "Apartment" with an average cost of $114 / sq.feet has the lowest price and would be directed at less affluent cities.
