The prices in real estate in Carterville, in the Illinois region have had a strong rise in the last couple of months. The real estate prices for second hand homes have gone through a strong increase in this city.
The price per sq.feet in Carterville has increased strongly during the last 6 months. In November, the average price per sq.feet was $323. In the following month the price per sq.feet decreased considerably to $120. The price for the following two months in (January, February) had a considerable increment of 463 %. The price per sq.feet has had a considerable increase of 163 % 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 $623.5 to $1,017.5 during March, and April.
Based upon to the price in Carterville (cities), these have remained the same in the last 6 months. The average price for November is $202,536. During December the price had a slight fall till $190,957. During the following two months (January, February) the average price fell 93 % with regard to the previous two months. Based on an analysis of the first four prices and the last two months the average price has gone up 115 % during the last two months.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $227,352 they are 72 % more affordable than the average price for Carterville. The properties with the highest average price have 4 bedrooms, Their price is 49 % more costly than the average. After that we have properties with 3 bedrooms priced at $211,949.
With regard to the average price per sq.feet , those properties with 1 bedroom are the cheapest ones at a cost of $56 / sq.feet, with an average $173 / sq.feet price in Carterville. The properties with the lowest average prices have 4 bedrooms. They are 27 % cheaper than the average followed by properties with 3 bedrooms with a price at $116 / sq.feet.
The graph displaying the average prices displays the property type "Land" as the most affordable one. At an cost of $227,352 it is 30 % cheaper than the average price in Carterville. "House" is seen as the second most affordable property type. The cheapest type property is "House" followed by "Land". At a price of $160,096 it is 4 % more affordable than the average price.
According to the average cost per sq.feet, the cheapest property type is "House" at an average cost of $110 / sq.feet followed by "Land" priced at $62,247 / sq.feet. "Land" is the most costly type of property with a $62,247 / sq.feet cost followed by "House" with an average price of $110 / sq.feet.