The prices in real estate in West Branch, 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 West Branch has had a strong decrease during the last 6 months. In April, the average price per sq.feet was $206. In May this price pretty much remained the same at a value of $212 per sq.feet. The price for the following two months in (June, July) had a considerable decrease of 74 with regard to the prior two months. The price per sq.feet has had a considerable deflation of 66 % 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 $181.5 to $119 during August, and September.
Based upon to the price in West Branch (cities), this has gone up in the last 6 months. The price in April is $78,267, rising in May till $83,733. In the following two months the average price has remained the same with regard to the previous two months from $81,000 to $83,997. Based on an analysis of the first four prices and the last two months the average price has risen strongly 118 % during the last two months.
The graph showing the average price for bedrooms displays the property with the most expensive price has 1 bedroom. It is 115 % more costly than the average price of $229,530 in West Branch. Based on the bedrooms values, properties with the highest prices are those with 1 bedroom. They are 115 % more expensive than the average aforementioned.
With regard to the average prices per sq.feet those properties with 1 bedroom are 11 % cheaper than the average price of ($117 / sq.feet) in West Branch. Properties with the most affordable price based upon to the number of bedrooms / sq.feet are those with 1 bedroom. They are 11 % cheaper than the average value aforementioned.
The graph displaying the average prices displays the property type "Apartment" as the most costly one. At an cost of $106,889 it is 115 % more expensive than the average price in West Branch. "Office" is seen as the second dearest property type. The dearest property type is "House" followed by "Office". At a price of $334,260 it is 215 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "Apartment" at an average cost of $117 / sq.feet followed by "Office" priced at $157 / sq.feet. "House" is the most costly type of property with a $164 / sq.feet cost followed by "Office" with an average price of $157 / sq.feet.