The prices in real estate in Saint Clair Shores, 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 Saint Clair Shores has had a strong decrease during the last 6 months. In May, the average price per sq.feet was $952. In the following month the price per sq.feet increased to $1,077. The price for the following two months in (July, August) had a considerable decrease of 64 with regard to the prior two months. The price per sq.feet has had a considerable deflation of 16 % 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 $829.75 to $133.5 during September, and October.
Based upon to the price in Saint Clair Shores (cities), this has gone up considerably in the last 6 months. The price in May is $126,941, rising in June till $142,412. During the following two months (July, August) the average price had a considerable increase of 123 % 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 gone up 110 % during the last two months.
The graph displaying the average price for bedrooms illustrates that those properties with 4 bedrooms are the most costly ones. At a price of $156,746 they are 151 % more expensive than the average price for Saint Clair Shores. Following this ranking we find those properties with 1 at an average price of $400,719. The properties with the highest average price have 1 bedroom, Their price is 156 % more costly than the average. After that we have properties with 4 bedrooms priced at $392,972.
With regard to the average price per sq.feet , those properties with 4 bedrooms are the most costly ones at a cost of $3,103 / sq.feet, with an average $132 / sq.feet price in Saint Clair Shores. The properties with the highest average prices have 1 bedroom. They are 13294 % more expensive than the average followed by properties with 4 bedrooms with a price at $3,103 / sq.feet.
The graph displaying the average prices displays the property type "Condo" as the most affordable one. At an cost of $156,746 it is 23 % cheaper than the average price in Saint Clair Shores. "Apartment" is seen as the second most affordable property type. The dearest property type is "House" followed by "Apartment". At a price of $190,436 it is 41 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "Condo" at an average cost of $110 / sq.feet followed by "House" priced at $159 / sq.feet. "Apartment" is the most costly type of property with a $6,754 / sq.feet cost followed by "House" with an average price of $159 / sq.feet.