The prices in real estate in South Lyon, in the Michigan region have remained the same in the last couple of months. The real estate prices for second hand homes have remained in this city.
The price per sq.feet in South Lyon has remained the same in the last 6 months. In July, the average price per sq.feet was $168. In August this price pretty much remained the same at a value of $170 per sq.feet. In the following two months the price per sq.feet has barely changed, going from $169 to $171 per sq.feet. The price per sq.feet has barely changed in the last two months compared to the average price of the previous four months going from an average price of $170 to $172.5 during November y December
Based upon to the price in South Lyon (cities), this has gone downing the last 6 months. The average price for July is $466,520. During August the price had a slight fall till $429,400. In the following two months the average price has remained the same with regard to the previous two months from $447,960 to $439,636. During the last two months, the average price has pretty much remained the same with regard to the previous average values going from an average value of $443,798 and $447,527 between November and December.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $441,507 they are 85 % more affordable than the average price for South Lyon. The properties with the highest average price have 4 bedrooms, Their price is 36 % more costly than the average. After that we have properties with 3 bedrooms priced at $478,559.
With regard to the average price per sq.feet , those properties with 1 bedroom are the cheapest ones at a cost of $88 / sq.feet, with an average $172 / sq.feet price in South Lyon. The properties with the highest average prices have 3 bedrooms. They are 13 % more expensive than the average followed by properties with 4 bedrooms with a price at $168 / sq.feet.
The graph displaying the average prices displays the property type "Condo" as the most affordable one. At an cost of $441,507 it is 78 % cheaper than the average price in South Lyon. "Commercial Property" is seen as the second most affordable property type. The dearest property type is "House" followed by "Townhouse". At a price of $500,446 it is 33 % 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 $103 / sq.feet followed by "Commercial Property" priced at $115 / sq.feet. "House" is the most costly type of property with a $175 / sq.feet cost followed by "Townhouse" with an average price of $147 / sq.feet.