The prices in real estate in Union City, in the Michigan region have had a strong fall in the last couple of months. The real estate prices for second hand homes have gone through a strong fall in this city.
The price per sq.feet in Union City has had a strong decrease during the last 6 months. In May, the average price per sq.feet was $124. In the following month the price per sq.feet decreased considerably to $84. The price for the following two months in (July, August) decreased 87 % with regard to the prior two months. The price per sq.feet has had a considerable increase of 134 % 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 $97 to $130 during September, and October.
Based upon to the price in Union City (cities), this has fallen considerably in the last 6 months. The average price for May is $551,433. During June the price had a considerable reduction till $117,222. During the following two months (July, August) the average price had a considerable reduction of 38 % with regard to the previous two months. Based on an analysis of the first four prices and the last two months the average price has risen strongly 310 % during the last two months.
The graph showing the average price for bedrooms displays the property with the lowest price has 1 bedroom. It is 66 % cheaper than the average price of $238,643 in Union City. Based on the bedrooms values, properties with the lowest prices are those with 1 bedroom. They are 66 % more affordable than the average aforementioned.
With regard to the average prices per sq.feet those properties with 1 bedroom are 28 % cheaper than the average price of ($98 / 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 28 % 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 $238,643, they are 66 % more affordable than the average price of (!PRECIO2!). "Apartment" has the lowest price. This price is 66 % 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 $98 / sq.feet. "Apartment" with an average cost of $98 / sq.feet has the lowest price and would be directed at less affluent cities.