Property prices for sale in Ottawa Lake (Michigan)
The prices in real estate in Ottawa Lake, 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 Ottawa Lake has increased strongly during the last 6 months. In November, the average price per sq.feet was $174. In the following month the price per sq.feet increased considerably to $1,794. The price for the following two months in (January, February) had a considerable increment of 391 %. The price per sq.feet has had a considerable increase of 253 % 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 $2,415.5 to $6,117 during March, and April.
Based upon to the price in Ottawa Lake (cities), these have remained the same in the last 6 months. The average price for November is $494,131. During December the price had a slight fall till $457,729. During the following two months (January, February) the average price had a considerable reduction of 81 % 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 risen strongly 130 % during the last two months.
