The prices in real estate in Tecumseh, 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 Tecumseh has increased strongly during the last 6 months. In January, the average price per sq.feet was $99. In the following month the price per sq.feet increased considerably to $1,005. The price for the following two months in (March, April) had a considerable increment of 403 %. The price per sq.feet has had a considerable deflation of 9 % 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 $1,387 to $128 during May, and June.
Based upon to the price in Tecumseh (cities), this has gone up considerably in the last 6 months. The average price during our first sample month during January, is $160,729. During February the price went through a considerable rise reaching $1,780,470. During the following two months (March, April) the average price had a considerable increase of 346 % 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 $2,164,320.25 to $226,349, which means a 10 % fall.
With regard to the average price based upon the property in Tecumseh we can see that the cheapest property type is "Apartment" at a price of $148,227, they are 36 % more affordable than the average price of (!PRECIO2!). "Apartment" has the lowest price. This price is 36 % more affordable than the average price aforementioned.
According to the average area cost by sq.feet the cheapest property type is "Apartment with an average price of $81 / sq.feet. "Apartment" with an average cost of $81 / sq.feet has the lowest price and would be directed at less affluent cities.