The prices in real estate in Port Austin, 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 Port Austin has increased strongly during the last 6 months. In October, the average price per sq.feet was $299. In November this price pretty much remained the same at a value of $290 per sq.feet. In the following two months the price per sq.feet has barely changed, going from $294.5 to $289 per sq.feet. The price per sq.feet has had a considerable increase of 295 % 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 $291.75 to $862 during February, and March.
Based upon to the price in Port Austin (cities), these have remained the same in the last 6 months. The average price for October is $523,225. During November the price had a considerable reduction till $359,035. In the following two months the average price has remained the same with regard to the previous two months from $441,130 to $450,303. Based on an analysis of the first four prices and the last two months the average price has risen strongly 161 % during the last two months.