Property prices for sale in South Rockwood (Michigan)
The prices in real estate in South Rockwood, 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 South Rockwood has had a strong decrease during the last 6 months. In November, the average price per sq.feet was $206. In the following month the price per sq.feet decreased considerably to $153. The price for the following two months in (January, February) had a considerable decrease of 71 with regard to the prior two months. The price per sq.feet has decreased 89 % 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 $153.75 to $137.5 during March, and April.
Based upon to the price in South Rockwood (cities), this has fallen considerably in the last 6 months. The average price for November is $416,289. During December the price had a considerable reduction till $288,055. During the following two months (January, February) the average price had a considerable reduction of 41 % with regard to the previous two months. During the last two months, the average price has reduced with regard to the previous ones. To be precise it has gone down 88 %, going from $247,746 to $217,152 in March and April.
