The prices in real estate in Onekama, 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 Onekama has increased strongly during the last 6 months. In October, the average price per sq.feet was $315. In the following month the price per sq.feet increased considerably to $21,517. The price for the following two months in (December, January) had a considerable increment of 121 %. The price per sq.feet has had a considerable increase of 282 % 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 $12,066 to $34,028 during February, and March.
Based upon to the price in Onekama (cities), this has fallen considerably in the last 6 months. The average price for October is $316,975. During November the price had a considerable reduction till $111,473. During the following two months (December, January) the average price had a considerable reduction of 33 % with regard to the previous two months. During the last two months the average price has had a strong fall compared to the previous four going from $142,692.25 to $113,635.5, which means a 80 % fall.