Property prices for sale in Ypsilanti (Michigan)
The prices in real estate in Ypsilanti, in the Michigan region have had a minor rise in the last couple of months. The real estate prices for second hand homes have risen in this city.
The price per sq.feet in Ypsilanti has increased during the last 6 months. In October, the average price per sq.feet was $176. In November this price pretty much remained the same at a value of $176 per sq.feet. In the following two months the price per sq.feet has barely changed, going from $176 to $177.5 per sq.feet. The price per sq.feet has increased 112 % 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 $176.75 to $197.5 during February, and March.
Based upon to the price in Ypsilanti (cities), this has gone up considerably in the last 6 months. The price in October is $234,871, rising in November till $258,169. During the following two months (December, January) the price has had an average incrementation from $246,520 to $263,056. Based on an analysis of the first four prices and the last two months the average price has risen strongly 121 % during the last two months.
The graph displaying the average price for bedrooms illustrates that those properties with 2 bedrooms are the cheapest ones. At a price of $317,927 they are 31 % more affordable than the average price for Ypsilanti. The properties with the highest average price have 4 bedrooms, Their price is 22 % more costly than the average. After that we have properties with 3 bedrooms priced at $275,324.
With regard to the average price per sq.feet , those properties with 4 bedrooms are the cheapest ones at a cost of $183 / sq.feet, with an average $203 / sq.feet price in Ypsilanti. The properties with the highest average prices have 1 bedroom. They are 19 % more expensive than the average followed by properties with 3 bedrooms with a price at $199 / sq.feet.
The graph displaying the average prices displays the property type "Condo" as the most affordable one. At an cost of $317,927 it is 34 % cheaper than the average price in Ypsilanti. "Office" is seen as the second most affordable property type. The dearest property type is "Land" followed by "House". At a price of $317,442 it is 103 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "Office" at an average cost of $49 / sq.feet followed by "Triplex" priced at $54 / sq.feet. "Land" is the most costly type of property with a $57,893 / sq.feet cost followed by "House" with an average price of $194 / sq.feet.
