Property prices for sale in Saginaw (Michigan)
The prices in real estate in Saginaw, in the Michigan region have had a strong fall in the last couple of months. The real estate prices for second hand homes have gone through a strong fall in this city.
The price per sq.feet in Saginaw has had a strong decrease during the last 6 months. In October, the average price per sq.feet was $122. In November this price pretty much remained the same at a value of $120 per sq.feet. The price for the following two months in (December, January) had a considerable decrease of 83 with regard to the prior two months. The price per sq.feet has decreased 88 % 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 $110.75 to $97 during February, and March.
Based upon to the price in Saginaw (cities), this has fallen considerably in the last 6 months. The average price for October is $225,422. During November the price had a slight fall till $206,896. During the following two months (December, January) the average price had a considerable reduction of 71 % with regard to the previous two months. During the last two months the average price has had a strong fall compared to the previous four going from $184,811 to $155,212, which means a 84 % fall.
The graph displaying the average price for bedrooms illustrates that those properties with 2 bedrooms are the cheapest ones. At a price of $156,820 they are 40 % more affordable than the average price for Saginaw. The properties with the highest average price have 1 bedroom, Their price is 79 % more costly than the average. After that we have properties with 4 bedrooms priced at $188,971.
With regard to the average price per sq.feet , those properties with 2 bedrooms are the cheapest ones at a cost of $86 / sq.feet, with an average $100 / sq.feet price in Saginaw. The properties with the highest average prices have 1 bedroom. They are 116 % more expensive than the average followed by properties with 3 bedrooms with a price at $117 / sq.feet.
The graph displaying the average prices displays the property type "Land" as the most affordable one. At an cost of $156,820 it is 70 % cheaper than the average price in Saginaw. "Farm" is seen as the second most affordable property type. The dearest property type is "Condo" followed by "Commercial". At a price of $203,883 it is 33 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "Commercial" at an average cost of $68 / sq.feet followed by "House" priced at $103 / sq.feet. "Land" is the most costly type of property with a $24,390 / sq.feet cost followed by "Farm" with an average price of $503 / sq.feet.
