The prices in real estate in Onsted, 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 Onsted has increased strongly during the last 6 months. In October, the average price per sq.feet was $3,163. In the following month the price per sq.feet increased considerably to $7,166. The price for the following two months in (December, January) had a considerable decrease of 4 with regard to the prior two months. The price per sq.feet has had a considerable increase of 228 % 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 $2,679.75 to $6,121 during February, and March.
Based upon to the price in Onsted (cities), this has gone up in the last 6 months. In our first sample month during October, the average price is $324,724. In November This price remains at $312,872. During the following two months (December, January) the average price had a considerable increase of 115 % with regard to the previous two months. Based on an analysis of the first four prices and the last two months the average price has gone up 111 % during the last two months.