Property prices for sale in Richland (Michigan)
The prices in real estate in Richland, 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 Richland has increased strongly during the last 6 months. In November, the average price per sq.feet was $204. In December this price pretty much remained the same at a value of $211 per sq.feet. The price for the following two months in (January, February) had a considerable increment of 157 %. The price per sq.feet has had a considerable increase of 121 % 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 $267 to $324 during March, and April.
Based upon to the price in Richland (cities), these have remained the same in the last 6 months. In our first sample month during November, the average price is $487,063. In December This price remains at $465,508. During the following two months (January, February) the price has had an average incrementation from $476,285.5 to $502,033.5. 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 $489,159.5 and $477,723.5 between March and April.
The graph displaying the average price for bedrooms illustrates that those properties with 2 bedrooms are the cheapest ones. At a price of $503,177 they are 63 % more affordable than the average price for Richland. The properties with the lowest average price have 1 bedroom, Their price is 55 % cheaper than the average. After that we have properties with 2 bedrooms priced at $186,198.
With regard to the average price per sq.feet , those properties with 2 bedrooms are the cheapest ones at a cost of $51 / sq.feet, with an average $248 / sq.feet price in Richland. The properties with the lowest average prices have 1 bedroom. They are 77 % cheaper than the average followed by properties with 2 bedrooms with a price at $51 / sq.feet.
With regard to the average price based upon the property in Richland we can see that the cheapest property type is "House" at a price of $186,198, they are 63 % more affordable than the average price of (!PRECIO2!). "House" has the lowest price. This price is 63 % more affordable than the average price aforementioned.
According to the average area cost by sq.feet the cheapest property type is "House with an average price of $51 / sq.feet. "House" with an average cost of $51 / sq.feet has the lowest price and would be directed at less affluent cities.
