Property prices for sale in Olivet (Michigan)
The prices in real estate in Olivet, 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 Olivet has increased strongly during the last 6 months. In October, the average price per sq.feet was $816. In the following month the price per sq.feet increased to $877. The price for the following two months in (December, January) had a considerable decrease of 20 with regard to the prior two months. The price per sq.feet has had a considerable increase of 746 % 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 $508.75 to $3,796 during February, and March.
Based upon to the price in Olivet (cities), these have remained the same in the last 6 months. In our first sample month during October, the average price is $222,919. In November This price remains at $220,042. During the following two months (December, January) the price has had an average incrementation from $221,480.5 to $240,534.5. 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 $231,007.5 and $225,816.5 between February and March.
The graph displaying the average price for bedrooms illustrates that those properties with 3 bedrooms are the cheapest ones. At a price of $220,296 they are 79 % more affordable than the average price for Olivet. The properties with the highest average price have 1 bedroom, Their price is 21 % more costly than the average. After that we have properties with 2 bedrooms priced at $46,565.
With regard to the average prices per sq.feet those properties with 1 bedroom are 95 % cheaper than the average price of ($298 / sq.feet) in Olivet. Properties with the most affordable price based upon to the number of bedrooms / sq.feet are those with 1 bedroom. They are 95 % cheaper than the average value aforementioned.
According to average price per property type in Olivet, "" priced at $46,142 is 79 % cheaper than the average price ($220,296) in this city.
