The prices in real estate in Suttons Bay, in the Michigan region have had a strong rise in the last couple of months. The real estate prices for second hand homes have gone through a strong increase in this city.
The price per sq.feet in Suttons Bay has increased strongly during the last 6 months. In March, the average price per sq.feet was $240. In the following month the price per sq.feet increased considerably to $309. The price for the following two months in (May, June) had a considerable increment of 141 %. 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 $330.5 to $316.5 during July y August
Based upon to the price in Suttons Bay (cities), these have remained the same in the last 6 months. The average price for March is $914,750. During April the price had a considerable reduction till $673,333. During the following two months (May, June) the average price had a considerable increase of 148 % 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 $985,040.75 to $690,366.5, which means a 70 % fall.
The graph showing the average price for bedrooms displays the property with the lowest price has 1 bedroom. It is 16 % cheaper than the average price of $559,836 in Suttons Bay. Based on the bedrooms values, properties with the lowest prices are those with 1 bedroom. They are 16 % more affordable than the average aforementioned.
With regard to the average prices per sq.feet those properties with 1 bedroom are 38 % cheaper than the average price of ($217 / 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 38 % 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 $559,836, they are 16 % more affordable than the average price of (!PRECIO2!). "Land" has the lowest price. This price is 16 % 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 $217 / sq.feet. "Land" with an average cost of $217 / sq.feet has the lowest price and would be directed at less affluent cities.