The prices in real estate in Union City, 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 Union City has increased strongly during the last 6 months. In March, the average price per sq.feet was $1,524. In the following month the price per sq.feet increased considerably to $8,836. The price for the following two months in (May, June) had a considerable increment of 391 %. The price per sq.feet has had a considerable deflation of 51 % 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 $12,708 to $6,534 during July, and August.
Based upon to the price in Union City (cities), this has gone up considerably in the last 6 months. The average price during our first sample month during March, is $323,571. During April the price went through a considerable rise reaching $645,989. During the following two months (May, June) the average price had a considerable increase of 125 % 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 $545,662 to $188,819.5, which means a 35 % fall.
The graph showing the average price for bedrooms displays the property with the most expensive price has 1 bedroom. It is 40 % more costly than the average price of $236,263 in Union City. Based on the bedrooms values, properties with the highest prices are those with 1 bedroom. They are 40 % more expensive than the average aforementioned.
With regard to the average prices per sq.feet those properties with 1 bedroom are 99 % cheaper than the average price of ($88 / sq.feet) in Union City. Properties with the most affordable price based upon to the number of bedrooms / sq.feet are those with 1 bedroom. They are 99 % cheaper than the average value aforementioned.
With regard to the average price based upon the property in Union City we can see that most expensive property type is "Apartment" at a price of $236,263, they are 40 % more costly than the average price of (!PRECIO2!). "Apartment" has the highest price. This price is 40 % more expensive 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 $88 / sq.feet. "Apartment" with an average cost of $88 / sq.feet has the lowest price and would be directed at less affluent cities.