The prices in real estate in White Lake, in the Michigan region have had a strong rise in the last couple of months. The real estate prices for second hand homes have gone through a strong increase in this city.
The price per sq.feet in White Lake has increased strongly during the last 6 months. In May, the average price per sq.feet was $177. In the following month the price per sq.feet increased considerably to $422. The price for the following two months in (July, August) had a considerable decrease of 51 with regard to the prior two months. The price per sq.feet has had a considerable deflation of 80 % 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 $226.5 to $181.5 during September, and October.
Based upon to the price in White Lake (cities), this has gone up considerably in the last 6 months. The average price during our first sample month during May, is $108,738. During June the price went through a considerable rise reaching $164,888. In the following two months the average price has remained the same with regard to the previous two months from $136,813 to $130,791.5. During the last two months, the average price has pretty much remained the same with regard to the previous average values going from an average value of $133,802.25 and $130,032.5 between September and October.
The graph displaying the average price for bedrooms illustrates that those properties with 2 bedrooms are the cheapest ones. At a price of $109,090 they are 75 % more affordable than the average price for White Lake. The properties with the lowest average price have 1 bedroom, Their price is 75 % cheaper than the average. After that we have properties with 2 bedrooms priced at $27,129.
With regard to the average price per sq.feet , those properties with 2 bedrooms are the cheapest ones at a cost of $10 / sq.feet, with an average $125 / sq.feet price in White Lake. The properties with the lowest average prices have 1 bedroom. They are 88 % cheaper than the average followed by properties with 2 bedrooms with a price at $10 / sq.feet.
The graph displaying the average prices displays the property type "Land" as the most affordable one. At an cost of $109,090 it is 78 % cheaper than the average price in White Lake. "House" is seen as the second most affordable property type. The dearest property type is "Duplex" followed by "Commercial". At a price of $298,881 it is 278 % 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 $5 / sq.feet followed by "Apartment" priced at $10 / sq.feet. "Duplex" is the most costly type of property with a $374 / sq.feet cost followed by "Commercial" with an average price of $183 / sq.feet.