The prices in real estate in Springport, 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 Springport has had a strong decrease during the last 6 months. In May, the average price per sq.feet was $245. In the following month the price per sq.feet decreased considerably to $148. In the following two months the price per sq.feet has increased 109 %, going from $196.5 to $214 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 $205.25 to $205 during September y October
Based upon to the price in Springport (cities), this has gone downing the last 6 months. The average price for May is $312,989. During June the price had a considerable reduction till $256,685. In the following two months the average price has remained the same with regard to the previous two months from $284,837 to $295,136. During the last two months, the average price has reduced with regard to the previous ones. To be precise it has gone down 87 %, going from $289,986.5 to $252,711.5 in September and October.
The graph displaying the average price for bedrooms illustrates that those properties with 2 bedrooms are the cheapest ones. At a price of $237,023 they are 45 % more affordable than the average price for Springport. The properties with the highest average price have 1 bedroom, Their price is 111 % more costly than the average. After that we have properties with 4 bedrooms priced at $240,960.
With regard to the average price per sq.feet , those properties with 3 bedrooms are the cheapest ones at a cost of $104 / sq.feet, with an average $202 / sq.feet price in Springport. The properties with the highest average prices have 1 bedroom. They are 489 % more expensive than the average followed by properties with 2 bedrooms with a price at $133 / sq.feet.
With regard to the average price based upon the property in Springport we can see that the cheapest property type is "House" at a price of $222,150, they are 6 % more affordable than the average price of (!PRECIO2!). "House" has the lowest price. This price is 6 % more affordable than the average price aforementioned.
According to the average area cost by sq.feet the cheapest property type is "House with an average price of $199 / sq.feet. "House" with an average cost of $199 / sq.feet has the lowest price and would be directed at less affluent cities.