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 . In the following month the price per sq.feet increased considerably to $132. The price for the following two months in (June, July) had a considerable increment of 197 %. The price per sq.feet has had a considerable increase of 134 % 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 $98 to $131 during August, and September.
Based upon to the price in Sparta (cities), this has gone up considerably in the last 6 months. The average price during our first sample month during April, is . During May the price went through a considerable rise reaching $279,532. During the following two months (June, July) the average price had a considerable increase of 199 % 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 126 % 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 $255,590 they are 40 % more affordable than the average price for Sparta. The properties with the highest average price have 4 bedrooms, Their price is 17 % more costly than the average. After that we have properties with 3 bedrooms priced at $291,175.
With regard to the average price per sq.feet , those properties with 2 bedrooms are the cheapest ones at a cost of $117 / sq.feet, with an average $129 / sq.feet price in Sparta. The properties with the highest average prices have 4 bedrooms. They are 19 % more expensive than the average followed by properties with 1 bedroom with a price at $143 / sq.feet.
The graph displaying the average prices displays the property type "Duplex" as the most affordable one. At an cost of $255,590 it is 16 % cheaper than the average price in Sparta. "House" is seen as the second most affordable property type. The dearest property type is "House" followed by "Duplex". At a price of $214,276 it is 4 % 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 $96 / sq.feet followed by "House" priced at $134 / sq.feet. "House" is the most costly type of property with a $134 / sq.feet cost followed by "Duplex" with an average price of $96 / sq.feet.