Property prices for sale in Suttons Bay (Michigan)

The prices in real estate in Suttons Bay, 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.

$1,086,263.5
Average price last 6 months
$430.83
Price/sq.feet last 6 months
Average price per sq.feet

The price per sq.feet in Suttons Bay has had a strong decrease during the last 6 months. In April, the average price per sq.feet was $588. In the following month the price per sq.feet decreased to $501. The price for the following two months in (June, July) had a considerable decrease of 70 with regard to the prior two months. The price per sq.feet has had a considerable deflation of 80 % 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 $462 to $368.5 during August, and September.

Average price

Based upon to the price in Suttons Bay (cities), this has fallen considerably in the last 6 months. The average price for April is $1,499,600. During May the price had a considerable reduction till $1,234,390. During the following two months (June, July) the average price had a considerable reduction of 72 % with regard to the previous two months. During the last two months the average price has had a strong fall compared to the previous four going from $1,172,247.5 to $914,295.5, which means a 78 % fall.

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 $790,246 they are 35 % more affordable than the average price for Suttons Bay. The properties with the highest average price have 3 bedrooms, Their price is 128 % more costly than the average. After that we have properties with 4 bedrooms priced at $1,617,759.

With regard to the average price per sq.feet , those properties with 1 bedroom are the cheapest ones at a cost of $236 / sq.feet, with an average $313 / sq.feet price in Suttons Bay. The properties with the highest average prices have 3 bedrooms. They are 77 % more expensive than the average followed by properties with 4 bedrooms with a price at $539 / sq.feet.

Price per property type

With regard to the average price based upon the property in Suttons Bay we can see that most expensive property type is "House" at a price of $1,201,596, they are 52 % more costly than the average price of (!PRECIO2!). "House" has the highest price. This price is 52 % more expensive than the average price aforementioned.

According to the average area price by sq.feet the most costly property type is "House with an average price of $426 / sq.feet. "House" at an average price of $426 / sq.feet has the most expensive price and would be directed at more affluent cities.

Charts data
Average price September
Average price per sq.feet September
Number of properties used in Suttons Bay
Number of properties used in region Michigan
$790,246
$313
300
464,486
** Graph's data with null or zero value are due to there isn't enough data available to get a reliable value
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