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.
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.
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.
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.
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.