The prices in real estate in Whitmore Lake, 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 Whitmore Lake has increased during the last 6 months. In March, the average price per sq.feet was $196. In the following month the price per sq.feet increased to $216. In the following two months the price per sq.feet has barely changed, going from $206 to $199.5 per sq.feet. The price per sq.feet has increased 109 % 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 $202.75 to $220 during July, and August.
Based upon to the price in Whitmore Lake (cities), these have remained the same in the last 6 months. The price in March is $393,481, rising in April till $435,820. In the following two months the average price has remained the same with regard to the previous two months from $414,650.5 to $409,207. During the last two months, the average price has reduced with regard to the previous ones. To be precise it has gone down 88 %, going from $411,928.75 to $362,368 in July and August.
The graph showing the average price for bedrooms displays the property with the lowest price has 1 bedroom. It is 5 % cheaper than the average price of $345,920 in Whitmore Lake. Based on the bedrooms values, properties with the lowest prices are those with 1 bedroom. They are 5 % more affordable than the average aforementioned.
With regard to the average prices per sq.feet those properties with 1 bedroom are 67 % cheaper than the average price of ($76 / sq.feet) in Whitmore Lake. Properties with the most affordable price based upon to the number of bedrooms / sq.feet are those with 1 bedroom. They are 67 % cheaper than the average value aforementioned.
The graph displaying the average prices displays the property type "Multi Family House" as the most affordable one. At an cost of $363,683 it is 6 % cheaper than the average price in Whitmore Lake. "House" is seen as the second most affordable property type. The cheapest type property is "House" followed by "Multi Family House". At a price of $342,472 it is 5 % more affordable than the average price.
According to the average cost per sq.feet, the cheapest property type is "Multi Family House" at an average cost of $66 / sq.feet followed by "House" priced at $76 / sq.feet. "House" is the cheapest type of property with a $76 / sq.feet value followed by "Multi Family House" with an average price of $66 / sq.feet.