The prices in real estate in Wayland, 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 Wayland has increased during the last 6 months. In February, the average price per sq.feet was $154. In the following month the price per sq.feet increased considerably to $181. In the following two months the price per sq.feet has increased 105 %, going from $167.5 to $176.5 per sq.feet. The price per sq.feet has barely changed in the last two months compared to the average price of the previous four months going from an average price of $172 to $171.5 during June y July
Based upon to the price in Wayland (cities), this has gone up considerably in the last 6 months. The average price during our first sample month during February, is $232,750. During March the price went through a considerable rise reaching $329,558. During the following two months (April, May) the price has had an average incrementation from $281,154 to $316,934.5. Based on an analysis of the first four prices and the last two months the average price has gone up 110 % 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 $337,909 they are 87 % more affordable than the average price for Wayland. The properties with the highest average price have 3 bedrooms, Their price is 3 % more costly than the average. After that we have properties with 4 bedrooms priced at $286,832.
With regard to the average price per sq.feet , those properties with 4 bedrooms are the cheapest ones at a cost of $85 / sq.feet, with an average $180 / sq.feet price in Wayland. The properties with the lowest average prices have 3 bedrooms. They are 14 % cheaper than the average followed by properties with 4 bedrooms with a price at $85 / sq.feet.
The graph displaying the average prices displays the property type "" as the most affordable one. At an cost of $337,909 it is 87 % cheaper than the average price in Wayland. "Commercial" is seen as the second most affordable property type. The dearest property type is "House" followed by "Townhouse". At a price of $124,542 it is 5 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "Commercial" at an average cost of $9 / sq.feet followed by "Townhouse" priced at $12 / sq.feet. "House" is the cheapest type of property with a $143 / sq.feet value followed by "Townhouse" with an average price of $12 / sq.feet.