The prices in real estate in Pinckney, in the Michigan region have remained the same in the last couple of months. The real estate prices for second hand homes have remained in this city.
The price per sq.feet in Pinckney has remained the same in the last 6 months. In April, the average price per sq.feet was $243. In May this price pretty much remained the same at a value of $249 per sq.feet. The price for the following two months in (June, July) had a considerable increment of 132 %. The price per sq.feet has had a considerable deflation of 57 % 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 $285.5 to $164 during August, and September.
Based upon to the price in Pinckney (cities), this has gone up considerably in the last 6 months. In our first sample month during April, the average price is $200,980. In May This price remains at $201,300. During the following two months (June, July) the average price had a considerable increase of 132 % 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 141 % during the last two months.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $324,709 they are 75 % more affordable than the average price for Pinckney. The properties with the lowest average price have 2 bedrooms, Their price is 33 % cheaper than the average. After that we have properties with 1 bedroom priced at $81,804.
With regard to the average price per sq.feet , those properties with 1 bedroom are the cheapest ones at a cost of $105 / sq.feet, with an average $169 / sq.feet price in Pinckney. The properties with the lowest average prices have 2 bedrooms. They are 36 % cheaper than the average followed by properties with 1 bedroom with a price at $105 / sq.feet.
The graph displaying the average prices displays the property type "Duplex" as the most affordable one. At an cost of $324,709 it is 54 % cheaper than the average price in Pinckney. "Multi Family House" is seen as the second most affordable property type. The cheapest type property is "Commercial Property" followed by "Apartment". At a price of $219,169 it is 16 % more affordable than the average price.
According to the average cost per sq.feet, the cheapest property type is "Duplex" at an average cost of $97 / sq.feet followed by "Multi Family House" priced at $98 / sq.feet. "Commercial Property" is the cheapest type of property with a $158 / sq.feet value followed by "Apartment" with an average price of $109 / sq.feet.