The prices in real estate in Trenton, in the Michigan region have had a minor rise in the last couple of months. The real estate prices for second hand homes have risen in this city.
The price per sq.feet in Trenton has increased during the last 6 months. In May, the average price per sq.feet was $85. In the following month the price per sq.feet decreased to $80. The price for the following two months in (July, August) had a considerable increment of 117 %. The price per sq.feet has increased 111 % 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 $89.5 to $99.5 during September, and October.
Based upon to the price in Trenton (cities), this has gone downing the last 6 months. The average price for May is $119,186. During June the price had a considerable reduction till $68,813. During the following two months (July, August) the price has had an average incrementation from $93,999.5 to $103,296. Based on an analysis of the first four prices and the last two months the average price has risen strongly 138 % during the last two months.
The graph displaying the average price for bedrooms illustrates that those properties with 2 bedrooms are the cheapest ones. At a price of $143,052 they are 62 % more affordable than the average price for Trenton. The properties with the highest average price have 1 bedroom, Their price is 22 % more costly than the average. After that we have properties with 3 bedrooms priced at $173,328.
With regard to the average price per sq.feet , those properties with 2 bedrooms are the cheapest ones at a cost of $63 / sq.feet, with an average $99 / sq.feet price in Trenton. The properties with the highest average prices have 1 bedroom. They are 23 % more expensive than the average followed by properties with 3 bedrooms with a price at $119 / sq.feet.
The graph displaying the average prices displays the property type "Land" as the most affordable one. At an cost of $143,052 it is 11 % cheaper than the average price in Trenton. "Townhouse" is seen as the second most affordable property type. The dearest property type is "Apartment" followed by "Commercial Property". At a price of $139,541 it is 21 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "Land" at an average cost of $80 / sq.feet followed by "Townhouse" priced at $83 / sq.feet. "Apartment" is the most costly type of property with a $118 / sq.feet cost followed by "Commercial Property" with an average price of $87 / sq.feet.