The prices in real estate in Whitmore Lake, in the Michigan region have had a minor fall in the last couple of months. The real estate prices for second hand homes have fallen in this city
The price per sq.feet in Whitmore Lake has fallen in the last 6 months. In August, the average price per sq.feet was $210. In September this price pretty much remained the same at a value of $208 per sq.feet. The price for the following two months in (October, November) decreased 88 % with regard to the prior two months. The price per sq.feet has barely changed in the last two months compared to the average price of the previous four months going from an average price of $196 to $188.5 during December y January
Based upon to the price in Whitmore Lake (cities), this has fallen considerably in the last 6 months. The average price for August is $508,890. During September the price had a slight fall till $457,100. During the following two months (October, November) the average price had a considerable reduction of 81 % with regard to the previous two months. During the last two months, the average price has reduced with regard to the previous ones. To be precise it has gone down 91 %, going from $437,819.5 to $399,934 in December and January.
The graph showing the average price for bedrooms displays the property with the lowest price has 1 bedroom. It is 17 % cheaper than the average price of $348,355 in Whitmore Lake. Based on the bedrooms values, properties with the lowest prices are those with 1 bedroom. They are 17 % more affordable than the average aforementioned.
With regard to the average prices per sq.feet those properties with 1 bedroom are 57 % cheaper than the average price of ($83 / 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 57 % 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 $422,159 it is 18 % 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 $344,882 it is 17 % 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 $73 / sq.feet followed by "House" priced at $83 / sq.feet. "House" is the cheapest type of property with a $83 / sq.feet value followed by "Multi Family House" with an average price of $73 / sq.feet.