Property prices for sale in Spring Lake (Michigan)

The prices in real estate in Spring Lake, in the Michigan region have had a minor rise in the last couple of months. The real estate prices for second hand homes have risen in this city.

$577,527.5
Average price last 6 months
$239.33
Price/sq.feet last 6 months
Average price per sq.feet

The price per sq.feet in Spring Lake has increased during the last 6 months. In March, the average price per sq.feet was $214. In the following month the price per sq.feet increased to $245. In the following two months the price per sq.feet has increased 107 %, going from $229.5 to $245.5 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 $237.5 to $243 during July y August

Average price

Based upon to the price in Spring Lake (cities), this has gone up in the last 6 months. The average price during our first sample month during March, is $516,306. During April the price went through a considerable rise reaching $637,895. In the following two months the average price has remained the same with regard to the previous two months from $577,100.5 to $603,340.5. During the last two months, the average price has reduced with regard to the previous ones. To be precise it has gone down 94 %, going from $590,220.5 to $552,141.5 in July and August.

Average price per bedrooms

The graph displaying the average price for bedrooms illustrates that those properties with 2 bedrooms are the cheapest ones. At a price of $535,321 they are 40 % more affordable than the average price for Spring Lake. The properties with the lowest average price have 4 bedrooms, Their price is 17 % cheaper than the average. After that we have properties with 3 bedrooms priced at $445,127.

With regard to the average price per sq.feet , those properties with 4 bedrooms are the cheapest ones at a cost of $168 / sq.feet, with an average $241 / sq.feet price in Spring Lake. The properties with the highest average prices have 1 bedroom. They are 19 % more expensive than the average followed by properties with 2 bedrooms with a price at $245 / sq.feet.

Price per property type

The graph displaying the average prices displays the property type "Condo" as the most affordable one. At an cost of $535,321 it is 38 % cheaper than the average price in Spring Lake. "House" is seen as the second most affordable property type. The dearest property type is "House" followed by "Condo". At a price of $332,766 it is 20 % 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 $201 / sq.feet followed by "House" priced at $274 / sq.feet. "House" is the most costly type of property with a $274 / sq.feet cost followed by "Condo" with an average price of $201 / sq.feet.

Charts data
Average price August
Average price per sq.feet August
Number of properties used in Spring Lake
Number of properties used in region Michigan
$535,321
$241
490
242,924
** Graph's data with null or zero value are due to there isn't enough data available to get a reliable value