The prices in real estate in West Branch, 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 Branch has increased during the last 6 months. In August, the average price per sq.feet was $103. In the following month the price per sq.feet decreased to $92. In the following two months the price per sq.feet has increased 111 %, going from $97.5 to $108.5 per sq.feet. The price per sq.feet has increased 113 % 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 $103 to $116 during December, and January.
Based upon to the price in West Branch (cities), this has gone up considerably in the last 6 months. The average price during our first sample month during August, is $172,286. During September the price went through a considerable rise reaching $198,696. During the following two months (October, November) the average price had a considerable increase of 120 % 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 gone up 107 % 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 $214,611 they are 43 % more affordable than the average price for West Branch. The properties with the highest average price have 4 bedrooms, Their price is 208 % more costly than the average. After that we have properties with 3 bedrooms priced at $196,389.
With regard to the average price per sq.feet , those properties with 3 bedrooms are the cheapest ones at a cost of $103 / sq.feet, with an average $113 / sq.feet price in West Branch. The properties with the highest average prices have 4 bedrooms. They are 62 % more expensive than the average followed by properties with 1 bedroom with a price at $123 / sq.feet.
The graph displaying the average prices displays the property type "House" as the most costly one. At an cost of $214,611 it is 13 % more expensive than the average price in West Branch. "Office" is seen as the second dearest property type. The dearest property type is "Office" followed by "House". At a price of $242,259 it is 53 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "House" at an average cost of $111 / sq.feet followed by "Office" priced at $141 / sq.feet. "Office" is the most costly type of property with a $141 / sq.feet cost followed by "House" with an average price of $111 / sq.feet.