Property prices for sale in Williamsburg (Michigan)
The prices in real estate in Williamsburg, in the Michigan region have had a strong fall in the last couple of months. The real estate prices for second hand homes have gone through a strong fall in this city.
The price per sq.feet in Williamsburg has had a strong decrease during the last 6 months. In November, the average price per sq.feet was $13,531. In the following month the price per sq.feet decreased considerably to $606. The price for the following two months in (January, February) decreased 88 % with regard to the prior two months. The price per sq.feet has had a considerable increase of 213 % 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 $6,652.25 to $14,163.5 during March, and April.
Based upon to the price in Williamsburg (cities), this has gone up considerably in the last 6 months. The average price during our first sample month during November, is $716,733. During December the price went through a considerable rise reaching $849,921. During the following two months (January, February) the average price had a considerable increase of 119 % 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 88 %, going from $856,394.25 to $753,855.5 in March and April.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $797,223 they are 67 % more affordable than the average price for Williamsburg. The properties with the highest average price have 4 bedrooms, Their price is 25 % more costly than the average. After that we have properties with 3 bedrooms priced at $927,406.
With regard to the average price per sq.feet , those properties with 2 bedrooms are the cheapest ones at a cost of $322 / sq.feet, with an average $8,725 / sq.feet price in Williamsburg. The properties with the lowest average prices have 3 bedrooms. They are 95 % cheaper than the average followed by properties with 1 bedroom with a price at $365 / sq.feet.
The graph displaying the average prices displays the property type "Land" as the most affordable one. At an cost of $797,223 it is 60 % cheaper than the average price in Williamsburg. "Condo" is seen as the second most affordable property type. The dearest property type is "House" followed by "Condo". At a price of $417,600 it is 52 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "Condo" at an average cost of $331 / sq.feet followed by "House" priced at $401 / sq.feet. "Land" is the most costly type of property with a $51,990 / sq.feet cost followed by "House" with an average price of $401 / sq.feet.
