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 July, the average price per sq.feet was $245. In the following month the price per sq.feet increased to $273. In the following two months the price per sq.feet has increased 106 %, going from $259 to $273.5 per sq.feet. The price per sq.feet has had a considerable increase of 135 % 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 $266.25 to $359.5 during November, and December.
Based upon to the price in Onekama (cities), this has fallen considerably in the last 6 months. The average price for July is $490,816. During August the price had a slight fall till $459,214. During the following two months (September, October) the average price had a considerable reduction of 85 % 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 89 %, going from $438,616.25 to $389,975 in November and December.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $340,375 they are 40 % more affordable than the average price for Onekama. Based on the bedrooms values, properties with the highest prices are those with 3 bedrooms. They are 47 % more expensive than the average aforementioned.
With regard to the average price per sq.feet , those properties with 3 bedrooms are the cheapest ones at a cost of $271 / sq.feet, with an average $398 / sq.feet price in Onekama. Properties with the most expensive price based upon to the number of bedrooms / sq.feet are those with 1 bedroom. They are 46 % more costly than the average value aforementioned.