The prices in real estate in Ortonville, in the Michigan region have had a minor fall in the last couple of months. The real estate prices for second hand homes have fallen in this city
The price per sq.feet in Ortonville has fallen in the last 6 months. In March, the average price per sq.feet was $225. In the following month the price per sq.feet decreased to $204. The price for the following two months in (May, June) had a considerable decrease of 83 with regard to the prior two months. The price per sq.feet has barely changed in the last two months compared to the average price of the previous four months going from an average price of $195.75 to $199.5 during July y August
Based upon to the price in Ortonville (cities), this has gone up considerably in the last 6 months. The average price during our first sample month during March, is $376,109. During April the price went through a considerable rise reaching $540,422. During the following two months (May, June) the average price fell 88 % 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 $431,466.75 and $412,175 between July and August.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $424,950 they are 40 % more affordable than the average price for Ortonville. The properties with the highest average price have 4 bedrooms, Their price is 51 % more costly than the average. After that we have properties with 3 bedrooms priced at $399,895.
With regard to the average price per sq.feet , those properties with 3 bedrooms are the cheapest ones at a cost of $183 / sq.feet, with an average $189 / sq.feet price in Ortonville. The properties with the highest average prices have 2 bedrooms. They are 29 % more expensive than the average followed by properties with 1 bedroom with a price at $229 / sq.feet.
The graph displaying the average prices displays the property type "Multi Family House" as the most affordable one. At an cost of $424,950 it is 39 % cheaper than the average price in Ortonville. "Condo" is seen as the second most affordable property type. The dearest property type is "House" followed by "Condo". At a price of $262,207 it is 12 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "Multi Family House" at an average cost of $57 / sq.feet followed by "Condo" priced at $68 / sq.feet. "House" is the most costly type of property with a $198 / sq.feet cost followed by "Condo" with an average price of $68 / sq.feet.