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 October, the average price per sq.feet was $164. In November this price pretty much remained the same at a value of $171 per sq.feet. In the following two months the price per sq.feet has increased 106 %, going from $167.5 to $178 per sq.feet. The price per sq.feet has had a considerable increase of 146 % 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 $172.75 to $253 during February, and March.
Based upon to the price in Tecumseh (cities), these have remained the same in the last 6 months. In our first sample month during October, the average price is $312,826. In November This price remains at $324,199. During the following two months (December, January) the average price fell 92 % 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 gone up 107 % during the last two months.
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 $141,680, they are 58 % more affordable than the average price of (!PRECIO2!). "Apartment" has the lowest price. This price is 58 % 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 $36 / sq.feet. "Apartment" with an average cost of $36 / sq.feet has the lowest price and would be directed at less affluent cities.