Property prices for sale in Whitmore Lake (Michigan)

The prices in real estate in Whitmore 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.

$475,143.4
Average price last 6 months
$208.8
Price/sq.feet last 6 months
Average price per sq.feet

The price per sq.feet in Whitmore Lake has increased strongly during the last 6 months. In February, the average price per sq.feet was . In the following month the price per sq.feet increased considerably to $209. The price for the following two months in (April, May) had a considerable increment of 192 %. The price per sq.feet has had a considerable increase of 142 % 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 $152.5 to $217 during June, and July.

Average price

Based upon to the price in Whitmore Lake (cities), this has gone up considerably in the last 6 months. The average price during our first sample month during February, is . During March the price went through a considerable rise reaching $504,975. During the following two months (April, May) the average price had a considerable increase of 185 % 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 risen strongly 131 % during the last two months.

Average price per bedrooms

The graph showing the average price for bedrooms displays the property with the lowest price has 1 bedroom. It is 35 % cheaper than the average price of $350,456 in Whitmore Lake. Based on the bedrooms values, properties with the lowest prices are those with 1 bedroom. They are 35 % more affordable than the average aforementioned.

With regard to the average prices per sq.feet those properties with 1 bedroom are 63 % cheaper than the average price of ($89 / 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 63 % cheaper than the average value aforementioned.

Price per property type

The graph displaying the average prices displays the property type "Multi Family House" as the most affordable one. At an cost of $542,608 it is 36 % 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 $346,961 it is 35 % 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 $79 / sq.feet followed by "House" priced at $89 / sq.feet. "House" is the cheapest type of property with a $89 / sq.feet value followed by "Multi Family House" with an average price of $79 / sq.feet.

Charts data
Average price July
Average price per sq.feet July
Number of properties used in Whitmore Lake
Number of properties used in region Michigan
$542,608
$240
190
203,266
** Graph's data with null or zero value are due to there isn't enough data available to get a reliable value