The rent prices in real estate in Glencoe, in the Illinois region have fallen considerably in the last couple of months. There has been a strong fall in the rent prices in this city.
The price per sq.feet in Glencoe has had a strong fall during the last 6 months. In October, the average price per sq.feet was $2.47. In the following month the price per sq.feet fell to $2.17. The price for the following two months in (December, January) had a considerable fall of 75 with regard to the previous two months. The price per sq.feet has hardly changed in the last two months compared to the average price of the previous four months going from an average price of $2.03 to $2.08 during February y March
When referring to the price in Glencoe (cities), this has fallen considerably in the last 6 months. In our first sample month during October, the average price is $8,359. In November This price remains at $8,263. During the following two months (December, January) the average price had a considerable fall of 50 % with regard to the previous two months. During the last two months the average price has fallen greatly compared to the previous four going from $6,243.75 to $3,779, which means a 61 % fall.
The graph displaying the average rent price for bedrooms illustrates that those properties with 1 bedroom are the most affordable ones. At a price of $4,208 they are 63 % more affordable than the average price for Glencoe . The properties with the lowest average price have 3 bedrooms, Their price is 30 % more affordable than the average. After that we have properties with 2 bedrooms priced at $2,056.
With regard to the average prices per sq.feet those properties with 3 bedrooms are 1408 % more expensive than the average price of ($27 / sq.feet) in Glencoe. Properties with the most expensive price when referring to the number of bedrooms / sq.feet are those with 3 bedrooms. They are 1408 % more expensive than the average value aforementioned.
With regard to the average price based upon the property in Glencoe we can see that the most affordable property type is "House" at a price of $2,940, they are 30 % cheaper than the average price of (!PRECIO2!). "House" has the most affordable price. This price is 30 % more affordable than the average price aforementioned.
According to the average area price by sq.feet the most expensive property type is "House with an average cost of $27 / sq.feet. "House" at an average price of $27 / sq.feet has the highest price and would be directed at more affluent cities.