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 October, the average price per sq.feet was $137. In November this price pretty much remained the same at a value of $135 per sq.feet. The price for the following two months in (December, January) had a considerable decrease of 66 with regard to the prior two months. The price per sq.feet has had a considerable increase of 719 % 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 $112.75 to $810.5 during February, and March.
Based upon to the price in Union City (cities), this has fallen considerably in the last 6 months. The price in October is $709,686, rising in November till $774,633. During the following two months (December, January) the average price had a considerable reduction of 37 % 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 $509,357.25 to $250,753.5, which means a 49 % fall.
The graph showing the average price for bedrooms displays the property with the lowest price has 1 bedroom. It is 27 % cheaper than the average price of $237,450 in Union City. Based on the bedrooms values, properties with the lowest prices are those with 1 bedroom. They are 27 % more affordable than the average aforementioned.
With regard to the average prices per sq.feet those properties with 1 bedroom are 94 % cheaper than the average price of ($93 / 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 94 % cheaper than the average value aforementioned.
With regard to the average price based upon the property in Union City we can see that the cheapest property type is "Apartment" at a price of $237,450, they are 27 % more affordable than the average price of (!PRECIO2!). "Apartment" has the lowest price. This price is 27 % more affordable 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 $93 / sq.feet. "Apartment" with an average cost of $93 / sq.feet has the lowest price and would be directed at less affluent cities.