Property prices for sale in Portage (Michigan)
The prices in real estate in Portage, 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 Portage has remained the same in the last 6 months. In October, the average price per sq.feet was $173. In the following month the price per sq.feet decreased to $162. In the following two months the price per sq.feet has barely changed, going from $167.5 to $172 per sq.feet. The price per sq.feet has had a considerable increase of 116 % 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 $169.75 to $197 during February, and March.
Based upon to the price in Portage (cities), this has gone up in the last 6 months. In our first sample month during October, the average price is $280,938. In November This price remains at $283,909. In the following two months the average price has remained the same with regard to the previous two months from $282,423.5 to $272,875. Based on an analysis of the first four prices and the last two months the average price has risen strongly 124 % 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 $352,476 they are 79 % more affordable than the average price for Portage. The properties with the lowest average price have 4 bedrooms, Their price is 2 % cheaper than the average. After that we have properties with 3 bedrooms priced at $288,253.
With regard to the average price per sq.feet , those properties with 1 bedroom are the cheapest ones at a cost of $66 / sq.feet, with an average $196 / sq.feet price in Portage. The properties with the highest average prices have 2 bedrooms. They are 13 % more expensive than the average followed by properties with 3 bedrooms with a price at $169 / sq.feet.
The graph displaying the average prices displays the property type "" as the most affordable one. At an cost of $352,476 it is 90 % cheaper than the average price in Portage. "Apartment" is seen as the second most affordable property type. The cheapest type property is "House" followed by "Detached House". At a price of $271,270 it is 18 % more affordable than the average price.
According to the average cost per sq.feet, the cheapest property type is "Office" at an average cost of $55 / sq.feet followed by "Detached House" priced at $70 / sq.feet. "Apartment" is the most costly type of property with a $252 / sq.feet cost followed by "House" with an average price of $153 / sq.feet.
