The prices in real estate in Onaway, 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 Onaway has increased strongly during the last 6 months. In November, the average price per sq.feet was $729. In the following month the price per sq.feet increased considerably to $1,111. In the following two months the price per sq.feet has barely changed, going from $920 to $948 per sq.feet. The price per sq.feet has had a considerable increase of 246 % 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 $934 to $2,301.5 during March, and April.
Based upon to the price in Onaway (cities), this has gone up considerably in the last 6 months. The price in November is $156,394, rising in December till $165,298. During the following two months (January, February) the average price had a considerable increase of 133 % with regard to the previous two months. 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 $187,732.25 and $191,373 between March and April.