Property prices for sale in Oxford (Michigan)
The prices in real estate in Oxford, 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 Oxford has increased during the last 6 months. In November, the average price per sq.feet was $210. In December this price pretty much remained the same at a value of $215 per sq.feet. In the following two months the price per sq.feet has barely changed, going from $212.5 to $222.5 per sq.feet. The price per sq.feet has increased 108 % 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 $217.5 to $234 during March, and April.
Based upon to the price in Oxford (cities), these have remained the same in the last 6 months. In our first sample month during November, the average price is $469,648. In December This price remains at $489,300. In the following two months the average price has remained the same with regard to the previous two months from $479,474 to $493,603.5. 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 $486,538.75 and $484,487.5 between March and April.
The graph displaying the average price for bedrooms illustrates that those properties with 3 bedrooms are the cheapest ones. At a price of $470,800 they are 25 % more affordable than the average price for Oxford. The properties with the highest average price have 4 bedrooms, Their price is 12 % more costly than the average. After that we have properties with 1 bedroom priced at $359,572.
With regard to the average price per sq.feet , those properties with 3 bedrooms are the cheapest ones at a cost of $103 / sq.feet, with an average $232 / sq.feet price in Oxford. The properties with the lowest average prices have 4 bedrooms. They are 24 % cheaper than the average followed by properties with 1 bedroom with a price at $112 / sq.feet.
The graph displaying the average prices displays the property type "Duplex" as the most affordable one. At an cost of $470,800 it is 32 % cheaper than the average price in Oxford. "Multi Family House" is seen as the second most affordable property type. The cheapest type property is "Apartment" followed by "Condo". At a price of $346,620 it is 9 % more affordable than the average price.
According to the average cost per sq.feet, the cheapest property type is "Condo" at an average cost of $88 / sq.feet followed by "Duplex" priced at $132 / sq.feet. "Multi Family House" is the most costly type of property with a $1,129 / sq.feet cost followed by "Apartment" with an average price of $169 / sq.feet.
