The prices in real estate in Yale, 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 Yale has fallen in the last 6 months. In September, the average price per sq.feet was $117. In the following month the price per sq.feet decreased to $108. The price for the following two months in (November, December) decreased 89 % with regard to the prior two months. The price per sq.feet has decreased 90 % 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 $106.5 to $96 during January, and February.
Based upon to the price in Yale (cities), these have remained the same in the last 6 months. The average price during our first sample month during September, is $171,950. During October the price went through a considerable rise reaching $203,760. During the following two months (November, December) the average price fell 89 % with regard to the previous two months. During the last two months, the average price has pretty much remained the same with regard to the previous average values going from an average value of $177,958.25 and $178,675 between January and February.
The graph displaying the average price for bedrooms illustrates that those properties with 3 bedrooms are the most costly ones. At a price of $166,175 they are 9 % more expensive than the average price for Yale. Following this ranking we find those properties with 2 at an average price of $183,412. The properties with the highest average price have 1 bedroom, Their price is 11 % more costly than the average. After that we have properties with 2 bedrooms priced at $183,412.
With regard to the average price per sq.feet , those properties with 3 bedrooms are the cheapest ones at a cost of $45 / sq.feet, with an average $85 / sq.feet price in Yale. The properties with the lowest average prices have 1 bedroom. They are 24 % cheaper than the average followed by properties with 2 bedrooms with a price at $60 / sq.feet.
The graph displaying the average prices displays the property type "House" as the most costly one. At an cost of $166,175 it is 7 % more expensive than the average price in Yale. "Apartment" is seen as the second dearest property type. The dearest property type is "Apartment" followed by "House". At a price of $177,864 it is 9 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "House" at an average cost of $41 / sq.feet followed by "Apartment" priced at $45 / sq.feet. "Apartment" is the cheapest type of property with a $45 / sq.feet value followed by "House" with an average price of $41 / sq.feet.