Property prices for sale in Shepherd (Michigan)

The prices in real estate in Shepherd, 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.

$299,557
Average price last 6 months
$1,149.17
Price/sq.feet last 6 months
Average price per sq.feet

The price per sq.feet in Shepherd has increased strongly during the last 6 months. In November, the average price per sq.feet was $1,002. In the following month the price per sq.feet decreased considerably to $555. The price for the following two months in (January, February) had a considerable increment of 148 %. The price per sq.feet has had a considerable increase of 157 % 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 $964.75 to $1,518 during March, and April.

Average price

Based upon to the price in Shepherd (cities), this has gone up considerably in the last 6 months. The average price during our first sample month during November, is $260,594. During December the price went through a considerable rise reaching $322,820. During the following two months (January, February) the average price had a considerable increase of 116 % 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 $315,338.25 to $267,994.5, which means a 85 % fall.

Average price per bedrooms

The graph showing the average price for bedrooms displays the property with the lowest price has 1 bedroom. It is 57 % cheaper than the average price of $135,391 in Shepherd. Based on the bedrooms values, properties with the lowest prices are those with 1 bedroom. They are 57 % more affordable than the average aforementioned.

With regard to the average prices per sq.feet those properties with 1 bedroom are 99 % cheaper than the average price of ($15 / sq.feet) in Shepherd. Properties with the most affordable price based upon to the number of bedrooms / sq.feet are those with 1 bedroom. They are 99 % cheaper than the average value aforementioned.

Price per property type

With regard to the average price based upon the property in Shepherd we can see that the cheapest property type is "Apartment" at a price of $135,391, they are 57 % more affordable than the average price of (!PRECIO2!). "Apartment" has the lowest price. This price is 57 % more affordable than the average price aforementioned.

According to the average area cost by sq.feet the cheapest property type is "Apartment with an average price of $15 / sq.feet. "Apartment" with an average cost of $15 / sq.feet has the lowest price and would be directed at less affluent cities.

Charts data
Average price April
Average price per sq.feet April
Number of properties used in Shepherd
Number of properties used in region Michigan
$318,543
$2,320
264
500,930
** Graph's data with null or zero value are due to there isn't enough data available to get a reliable value