The prices in real estate in Suttons Bay, 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 Suttons Bay has fallen in the last 6 months. In September, the average price per sq.feet was $374. In October this price pretty much remained the same at a value of $358 per sq.feet. The price for the following two months in (November, December) decreased 95 % with regard to the prior two months. The price per sq.feet has decreased 92 % 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 $356.25 to $327 during January, and February.
Based upon to the price in Suttons Bay (cities), this has gone up considerably in the last 6 months. In our first sample month during September, the average price is $878,538. In October This price remains at $847,050. During the following two months (November, December) the average price had a considerable increase of 121 % 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 130 % during the last two months.
The graph showing the average price for bedrooms displays the property with the lowest price has 1 bedroom. It is 56 % cheaper than the average price of $563,210 in Suttons Bay. Based on the bedrooms values, properties with the lowest prices are those with 1 bedroom. They are 56 % more affordable than the average aforementioned.
With regard to the average prices per sq.feet those properties with 1 bedroom are 34 % cheaper than the average price of ($223 / sq.feet) in Suttons Bay. Properties with the most affordable price based upon to the number of bedrooms / sq.feet are those with 1 bedroom. They are 34 % cheaper than the average value aforementioned.
With regard to the average price based upon the property in Suttons Bay we can see that the cheapest property type is "Land" at a price of $563,210, they are 56 % more affordable than the average price of (!PRECIO2!). "Land" has the lowest price. This price is 56 % more affordable than the average price aforementioned.
According to the average area cost by sq.feet the cheapest property type is "Land with an average price of $223 / sq.feet. "Land" with an average cost of $223 / sq.feet has the lowest price and would be directed at less affluent cities.