The prices in real estate in Thompsonville, 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.
The price per sq.feet in Thompsonville has had a strong decrease during the last 6 months. In April, the average price per sq.feet was $232. In the following month the price per sq.feet decreased considerably to $179. The price for the following two months in (June, July) decreased 88 % with regard to the prior two months. The price per sq.feet has decreased 95 % 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 $193 to $183 during August, and September.
Based upon to the price in Thompsonville (cities), this has fallen considerably in the last 6 months. The average price for April is $808,333. During May the price had a considerable reduction till $246,808. During the following two months (June, July) the average price had a considerable reduction of 51 % 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 $399,199.5 to $223,246.5, which means a 56 % fall.
The graph displaying the average price for bedrooms illustrates that those properties with 2 bedrooms are the cheapest ones. At a price of $222,520 they are 32 % more affordable than the average price for Thompsonville. The properties with the highest average price have 4 bedrooms, Their price is 56 % more costly than the average. After that we have properties with 3 bedrooms priced at $275,718.
With regard to the average price per sq.feet , those properties with 4 bedrooms are the cheapest ones at a cost of $121 / sq.feet, with an average $186 / sq.feet price in Thompsonville. The properties with the highest average prices have 1 bedroom. They are 63 % more expensive than the average followed by properties with 2 bedrooms with a price at $130 / sq.feet.