The prices in real estate in Sparta, 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 Sparta has had a strong decrease during the last 6 months. In January, the average price per sq.feet was $122. In the following month the price per sq.feet decreased considerably to . The price for the following two months in (March, April) had a considerable decrease of 0 with regard to the prior two months. The price per sq.feet has had a considerable increase of 433 % 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 $30.5 to $132 during May, and June.
Based upon to the price in Sparta (cities), this has fallen considerably in the last 6 months. The average price for January is $297,422. During February the price had a considerable reduction till . During the following two months (March, April) the average price had a considerable reduction of 0 % 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 risen strongly 374 % during the last two months.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $275,980 they are 70 % more affordable than the average price for Sparta. The properties with the lowest average price have 2 bedrooms, Their price is 16 % cheaper than the average. After that we have properties with 1 bedroom priced at $81,574.
With regard to the average price per sq.feet , those properties with 1 bedroom are the cheapest ones at a cost of $111 / sq.feet, with an average $132 / sq.feet price in Sparta. The properties with the lowest average prices have 2 bedrooms. They are 11 % cheaper than the average followed by properties with 1 bedroom with a price at $111 / sq.feet.
The graph displaying the average prices displays the property type "Duplex" as the most affordable one. At an cost of $275,980 it is 22 % cheaper than the average price in Sparta. "House" is seen as the second most affordable property type. The cheapest type property is "House" followed by "Duplex". At a price of $214,921 it is 16 % more affordable than the average price.
According to the average cost per sq.feet, the cheapest property type is "Duplex" at an average cost of $99 / sq.feet followed by "House" priced at $118 / sq.feet. "House" is the cheapest type of property with a $118 / sq.feet value followed by "Duplex" with an average price of $99 / sq.feet.