The prices in real estate in Sparta, 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 Sparta has increased strongly during the last 6 months. In April, the average price per sq.feet was $120. In May this price pretty much remained the same at a value of $119 per sq.feet. The price for the following two months in (June, July) had a considerable increment of 1146 %. The price per sq.feet has had a considerable deflation of 14 % 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 $744.75 to $106.5 during August, and September.
Based upon to the price in Sparta (cities), this has fallen considerably in the last 6 months. The average price for April is $228,547. During May the price had a considerable reduction till $167,733. During the following two months (June, July) the average price had a considerable reduction of 29 % 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 156 % 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 $190,663 they are 57 % more affordable than the average price for Sparta. The properties with the highest average price have 2 bedrooms, Their price is 23 % more costly than the average. After that we have properties with 1 bedroom priced at $82,067.
With regard to the average price per sq.feet , those properties with 1 bedroom are the most costly ones at a cost of $117 / sq.feet, with an average $108 / sq.feet price in Sparta. The properties with the highest average prices have 2 bedrooms. They are 15 % more expensive than the average followed by properties with 1 bedroom with a price at $117 / sq.feet.
The graph displaying the average prices displays the property type "Duplex" as the most costly one. At an cost of $190,663 it is 13 % more expensive than the average price in Sparta. "House" is seen as the second dearest property type. The dearest property type is "House" followed by "Duplex". At a price of $216,219 it is 23 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "Duplex" at an average cost of $105 / sq.feet followed by "House" priced at $124 / sq.feet. "House" is the most costly type of property with a $124 / sq.feet cost followed by "Duplex" with an average price of $105 / sq.feet.