The prices in real estate in Three Oaks, 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 Three Oaks has increased strongly during the last 6 months. In October, the average price per sq.feet was $226. In the following month the price per sq.feet increased considerably to $1,363. In the following two months the price per sq.feet has barely changed, going from $794.5 to $795 per sq.feet. The price per sq.feet has had a considerable increase of 155 % 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 $794.75 to $1,230 during February, and March.
Based upon to the price in Three Oaks (cities), this has fallen considerably in the last 6 months. The average price for October is $447,436. During November the price had a slight fall till $390,624. During the following two months (December, January) the average price fell 93 % with regard to the previous two months. During the last two months, the average price has reduced with regard to the previous ones. To be precise it has gone down 90 %, going from $404,804.75 to $362,939 in February and March.
The graph showing the average price for bedrooms displays the property with the most expensive price has 1 bedroom. It is 255 % more costly than the average price of $1,313,118 in Three Oaks. Based on the bedrooms values, properties with the highest prices are those with 1 bedroom. They are 255 % more expensive than the average aforementioned.
With regard to the average prices per sq.feet those properties with 1 bedroom are 11 % cheaper than the average price of ($681 / sq.feet) in Three Oaks. Properties with the most affordable price based upon to the number of bedrooms / sq.feet are those with 1 bedroom. They are 11 % cheaper than the average value aforementioned.