The prices in real estate in Sterling Heights, in the Michigan region have had a minor fall in the last couple of months. The real estate prices for second hand homes have fallen in this city
The price per sq.feet in Sterling Heights has fallen in the last 6 months. In August, the average price per sq.feet was $141. In September this price pretty much remained the same at a value of $141 per sq.feet. The price for the following two months in (October, November) decreased 94 % with regard to the prior two months. The price per sq.feet has decreased 93 % 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 $136.75 to $127 during December, and January.
Based upon to the price in Sterling Heights (cities), this has gone downing the last 6 months. In our first sample month during August, the average price is $207,776. In September This price remains at $209,627. During the following two months (October, November) the average price fell 90 % with regard to the previous two months. During the last two months, the average price has pretty much remained the same with regard to the previous average values going from an average value of $198,194 and $189,915 between December and January.
The graph showing the average price for bedrooms displays the property with the most expensive price has 1 bedroom. It is 13 % more costly than the average price of $219,681 in Sterling Heights. Based on the bedrooms values, properties with the highest prices are those with 1 bedroom. They are 13 % more expensive than the average aforementioned.
With regard to the average prices per sq.feet those properties with 1 bedroom are 705 % more costly than the average price of ($1,022 / sq.feet) in Sterling Heights. Properties with the most expensive price based upon to the number of bedrooms / sq.feet are those with 1 bedroom. They are 705 % more costly than the average value aforementioned.
The graph displaying the average prices displays the property type "Office" as the most affordable one. At an cost of $193,938 it is 70 % cheaper than the average price in Sterling Heights. "Townhouse" is seen as the second most affordable property type. The dearest property type is "Apartment" followed by "Townhouse". At a price of $58,361 it is 13 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "Office" at an average cost of $33 / sq.feet followed by "Townhouse" priced at $34 / sq.feet. "Apartment" is the most costly type of property with a $1,022 / sq.feet cost followed by "Townhouse" with an average price of $34 / sq.feet.