The prices in real estate in Plainwell, 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 Plainwell has increased strongly during the last 6 months. In October, the average price per sq.feet was $1,351. In the following month the price per sq.feet decreased considerably to $328. The price for the following two months in (December, January) had a considerable decrease of 20 with regard to the prior two months. The price per sq.feet has had a considerable increase of 918 % 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 $504.75 to $4,635 during February, and March.
Based upon to the price in Plainwell (cities), this has gone downing the last 6 months. The average price for October is $343,070. During November the price had a considerable reduction till $279,320. During the following two months (December, January) the average price fell 88 % 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 119 % 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 $385,077 they are 58 % more affordable than the average price for Plainwell. The properties with the lowest average price have 4 bedrooms, Their price is 10 % cheaper than the average. After that we have properties with 3 bedrooms priced at $301,188.
With regard to the average price per sq.feet , those properties with 4 bedrooms are the cheapest ones at a cost of $119 / sq.feet, with an average $4,041 / sq.feet price in Plainwell. The properties with the lowest average prices have 3 bedrooms. They are 96 % cheaper than the average followed by properties with 2 bedrooms with a price at $137 / sq.feet.
The graph displaying the average prices displays the property type "" as the most affordable one. At an cost of $385,077 it is 15 % cheaper than the average price in Plainwell. "House" is seen as the second most affordable property type. The cheapest type property is "House" followed by "". At a price of $326,465 it is 11 % more affordable than the average price.
According to the average area cost by sq.feet the cheapest property type is "House with an average price of $138 / sq.feet. "House" with an average cost of $138 / sq.feet has the lowest price and would be directed at less affluent cities.