The prices in real estate in West Bloomfield, 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 West Bloomfield has increased during the last 6 months. In February, the average price per sq.feet was $185. In the following month the price per sq.feet increased to $196. In the following two months the price per sq.feet has increased 108 %, going from $190.5 to $206.5 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 $198.5 to $204.5 during June y July
Based upon to the price in West Bloomfield (cities), these have remained the same in the last 6 months. In our first sample month during February, the average price is $613,759. In March This price remains at $600,825. During the following two months (April, May) the price has had an average incrementation from $607,292 to $643,206.5. Based on an analysis of the first four prices and the last two months the average price has gone up 106 % 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 $625,242 they are 63 % more affordable than the average price for West Bloomfield. The properties with the highest average price have 4 bedrooms, Their price is 10 % more costly than the average. After that we have properties with 3 bedrooms priced at $398,865.
With regard to the average price per sq.feet , those properties with 3 bedrooms are the cheapest ones at a cost of $175 / sq.feet, with an average $199 / sq.feet price in West Bloomfield. The properties with the highest average prices have 1 bedroom. They are 14 % more expensive than the average followed by properties with 4 bedrooms with a price at $196 / sq.feet.
The graph displaying the average prices displays the property type "Condo" as the most affordable one. At an cost of $625,242 it is 44 % cheaper than the average price in West Bloomfield. "House" is seen as the second most affordable property type. The dearest property type is "Office" followed by "House". At a price of $792,919 it is 43 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "Condo" at an average cost of $157 / sq.feet followed by "House" priced at $217 / sq.feet. "Office" is the most costly type of property with a $1,254 / sq.feet cost followed by "House" with an average price of $217 / sq.feet.