Property prices for sale in Three Rivers (Michigan)
The prices in real estate in Three Rivers, 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 Rivers has increased strongly during the last 6 months. In October, the average price per sq.feet was $144. In November this price pretty much remained the same at a value of $148 per sq.feet. In the following two months the price per sq.feet has barely changed, going from $146 to $143 per sq.feet. The price per sq.feet has had a considerable increase of 307 % 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 $144.5 to $443 during February, and March.
Based upon to the price in Three Rivers (cities), this has gone up in the last 6 months. In our first sample month during October, the average price is $237,033. In November This price remains at $245,618. In the following two months the average price has remained the same with regard to the previous two months from $241,325.5 to $248,904. Based on an analysis of the first four prices and the last two months the average price has gone up 114 % during the last two months.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $273,020 they are 36 % more affordable than the average price for Three Rivers. The properties with the highest average price have 4 bedrooms, Their price is 24 % more costly than the average. After that we have properties with 3 bedrooms priced at $302,526.
With regard to the average price per sq.feet , those properties with 1 bedroom are the cheapest ones at a cost of $141 / sq.feet, with an average $687 / sq.feet price in Three Rivers. The properties with the lowest average prices have 4 bedrooms. They are 75 % cheaper than the average followed by properties with 2 bedrooms with a price at $168 / sq.feet.
The graph displaying the average prices displays the property type "Land" as the most affordable one. At an cost of $273,020 it is 77 % cheaper than the average price in Three Rivers. "Condo" is seen as the second most affordable property type. The dearest property type is "House" followed by "Condo". At a price of $256,799 it is 10 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "House" at an average cost of $166 / sq.feet followed by "Condo" priced at $191 / sq.feet. "Land" is the most costly type of property with a $25,240 / sq.feet cost followed by "Condo" with an average price of $191 / sq.feet.
