The average price in the Michigan region has had same value in recent months. Prices in this region have remained pretty much stagnant.
The price per sq.feet in Michigan has remained stagnant in the last 6 months. During March, the average price per sq.feet was $156. In April the price pretty much stayed the same at $153 per sq.feet. The following two months (May, June) there has been a deflation of 95 % in the price per sq.feet with regard to the previous two. In the last two months, the price has stayed the same with regard to the average value for the last 4 months going from an average price per sq.feet of $150.5 to $157.5 during July and August.
Based upon to the price in Michigan (region), this has decreased in the last 6 months. In the first month sample March the average price is $296,150. In April the price was the same at $292,463. The average price for the following two months (May, June) decreased 92 % compared to the prior two. During the last two months the price has reduced 95 % compared to the previous average values going from $282,109.5 a $267,906 in July and August.
The graph displaying the the average price per number of bedrooms shows that those with 1 bedroom are the cheapest ones. They are 34 % more affordable than the average price in Michigan followed by those with 2 with an average price of $188,282. The most costly properties have 4 bedrooms. They are 57 % more expensive than the average followed by those properties with 3 bedrooms priced at $229,057.
Based on the average price per sq.feet those properties with 3 bedrooms are the cheapest ones with a price of $147 / sq.feet being $156 / sq.feet the average value within the Michigan region. The properties with the most expensive average price are those with 1 bedroom. These are 37 % more costly than the average followed by those with 4 bedrooms with a price of $162 / sq.feet.
The graph displaying the average price according to the property type shows "Land" as the cheapest one. With an average cost of $265,274 it is 61 % more affordable than the average in Michigan. This is followed by "House" with a price of $259,563. The dearest property type is "Townhouse" and is 195 % more expensive than the average, followed by "Detached House" with a cost of $465,389.
Based on the average cost per sq.feet the cheapest property type is "House with a an average cost of $148 / sq.feet, followed by "Detached House" with a price of $154 / sq.feet. "Land" with an average price of $5,166 / sq.feet is the most costly type of property followed by "Condo" at a price of $274 / sq.feet.