The prices in real estate in Ortonville, in the Michigan region have had a minor rise in the last couple of months. The real estate prices for second hand homes have risen in this city.
The price per sq.feet in Ortonville has increased during the last 6 months. In January, the average price per sq.feet was $142. In the following month the price per sq.feet increased to $151. In the following two months the price per sq.feet has barely changed, going from $146.5 to $151 per sq.feet. The price per sq.feet has increased 106 % 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 $148.75 to $157.5 during May, and June.
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 January, is $322,166. During February the price went through a considerable rise reaching $517,175. During the following two months (March, April) the average price had a considerable increase of 123 % 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 $468,434.25 to $395,052.5, which means a 84 % fall.
The graph showing the average price for bedrooms displays the property with the lowest price has 1 bedroom. It is 38 % cheaper than the average price of $266,851 in Ortonville. Based on the bedrooms values, properties with the lowest prices are those with 1 bedroom. They are 38 % more affordable than the average aforementioned.
With regard to the average prices per sq.feet those properties with 1 bedroom are 33 % cheaper than the average price of ($111 / sq.feet) in Ortonville. Properties with the most affordable price based upon to the number of bedrooms / sq.feet are those with 1 bedroom. They are 33 % cheaper than the average value aforementioned.
The graph displaying the average prices displays the property type "House" as the most affordable one. At an cost of $431,987 it is 38 % cheaper than the average price in Ortonville. "Multi Family House" is seen as the second most affordable property type. The cheapest type property is "Condo" followed by "Multi Family House". At a price of $269,400 it is 37 % more affordable 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 $95 / sq.feet followed by "Condo" priced at $106 / sq.feet. "House" is the cheapest type of property with a $111 / sq.feet value followed by "Condo" with an average price of $106 / sq.feet.