Property prices for sale in White Lake (Michigan)
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 October, the average price per sq.feet was $232. In the following month the price per sq.feet increased to $246. The price for the following two months in (December, January) decreased 94 % with regard to the prior two months. The price per sq.feet has had a considerable increase of 3945 % 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 $232 to $9,152 during February, and March.
Based upon to the price in White Lake (cities), these have remained the same in the last 6 months. In our first sample month during October, the average price is $403,152. In November This price remains at $412,730. In the following two months the average price has remained the same with regard to the previous two months from $407,941 to $408,609. 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 $408,275 and $414,102.5 between February and March.
The graph displaying the average price for bedrooms illustrates that those properties with 2 bedrooms are the cheapest ones. At a price of $406,382 they are 94 % more affordable than the average price for White Lake. The properties with the highest average price have 4 bedrooms, Their price is 11 % more costly than the average. After that we have properties with 1 bedroom priced at $26,503.
With regard to the average prices per sq.feet those properties with 4 bedrooms are 98 % cheaper than the average price of ($197 / sq.feet) in White Lake. Properties with the most affordable price based upon to the number of bedrooms / sq.feet are those with 4 bedrooms. They are 98 % cheaper than the average value aforementioned.
The graph displaying the average prices displays the property type "Commercial" as the most affordable one. At an cost of $406,382 it is 30 % cheaper than the average price in White Lake. "Duplex" is seen as the second most affordable property type. The dearest property type is "Land" followed by "Detached House". At a price of $481,493 it is 50 % 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 $130 / sq.feet followed by "House" priced at $219 / sq.feet. "Land" is the most costly type of property with a $123,445 / sq.feet cost followed by "Duplex" with an average price of $321 / sq.feet.
