The prices in real estate in Wolverine, 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 Wolverine has had a strong decrease during the last 6 months. In October, the average price per sq.feet was $6,746. In the following month the price per sq.feet decreased considerably to $1,631. The price for the following two months in (December, January) had a considerable decrease of 84 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 $3,850.5 to $3,846.5 during February y March
Based upon to the price in Wolverine (cities), this has gone up considerably in the last 6 months. The average price during our first sample month during October, is $269,075. During November the price went through a considerable rise reaching $350,679. During the following two months (December, January) the price has had an average incrementation from $309,877 to $342,085. Based on an analysis of the first four prices and the last two months the average price has gone up 111 % during the last two months.
The graph showing the average price for bedrooms displays the property with the lowest price has 1 bedroom. It is 28 % cheaper than the average price of $259,380 in Wolverine. Based on the bedrooms values, properties with the highest prices are those with 2 bedrooms. They are 8 % more expensive than the average aforementioned.
With regard to the average prices per sq.feet those properties with 2 bedrooms are 95 % cheaper than the average price of ($185 / sq.feet) in Wolverine. Properties with the most affordable price based upon to the number of bedrooms / sq.feet are those with 1 bedroom. They are 93 % cheaper than the average value aforementioned.