The prices in real estate in Schoolcraft, 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 Schoolcraft has increased strongly during the last 6 months. In November, the average price per sq.feet was $174. In December this price pretty much remained the same at a value of $175 per sq.feet. The price for the following two months in (January, February) had a considerable increment of 140 %. The price per sq.feet has had a considerable increase of 417 % 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 $209.75 to $874 during March, and April.
Based upon to the price in Schoolcraft (cities), this has gone up considerably in the last 6 months. In our first sample month during November, the average price is $416,473. In December This price remains at $415,800. During the following two months (January, February) the average price had a considerable increase of 124 % 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 111 % during the last two months.