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.

$1,071,256.17
Average price last 6 months
$386.83
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 January, the average price per sq.feet was $464. In the following month the price per sq.feet decreased considerably to $352. In the following two months the price per sq.feet has increased 107 %, going from $408 to $438 per sq.feet. The price per sq.feet has had a considerable deflation of 74 % 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 $423 to $314.5 during May, and June.

Average price

Based upon to the price in Suttons Bay (cities), this has fallen considerably in the last 6 months. The average price for January is $1,321,517. During February the price had a slight fall till $1,207,915. During the following two months (March, April) the average price fell 89 % 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 $1,195,062.5 to $823,643.5, which means a 69 % fall.

Average price per bedrooms

The graph showing the average price for bedrooms displays the property with the lowest price has 1 bedroom. It is 29 % cheaper than the average price of $567,740 in Suttons Bay. Based on the bedrooms values, properties with the lowest prices are those with 1 bedroom. They are 29 % more affordable than the average aforementioned.

With regard to the average prices per sq.feet those properties with 1 bedroom are 25 % cheaper than the average price of ($231 / 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 25 % cheaper than the average value aforementioned.

Price per property type

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 $567,740, they are 29 % more affordable than the average price of (!PRECIO2!). "Land" has the lowest price. This price is 29 % 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 $231 / sq.feet. "Land" with an average cost of $231 / sq.feet has the lowest price and would be directed at less affluent cities.

Charts data
Average price June
Average price per sq.feet June
Number of properties used in Suttons Bay
Number of properties used in region Michigan
$803,992
$309
234
169,852
** Graph's data with null or zero value are due to there isn't enough data available to get a reliable value