The prices in real estate in Cicero, in the Indiana 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 Cicero has increased during the last 6 months. In August, the average price per sq.feet was $121. In the following month the price per sq.feet decreased to $110. The price for the following two months in (October, November) had a considerable increment of 119 %. The price per sq.feet has increased 110 % 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 $126.25 to $139.5 during December, and January.
Based upon to the price in Cicero (cities), these have remained the same in the last 6 months. In our first sample month during August, the average price is $272,927. In September This price remains at $261,976. During the following two months (October, November) the price has had an average incrementation from $267,451.5 to $298,207.5. 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 $282,829.5 and $277,399 between December and January.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $268,758 they are 3 % more affordable than the average price for Cicero. The properties with the highest average price have 2 bedrooms, Their price is 53 % more costly than the average. After that we have properties with 1 bedroom priced at $261,429.
With regard to the average price per sq.feet , those properties with 1 bedroom are the cheapest ones at a cost of $76 / sq.feet, with an average $135 / sq.feet price in Cicero. The properties with the lowest average prices have 2 bedrooms. They are 21 % cheaper than the average followed by properties with 1 bedroom with a price at $76 / sq.feet.
The graph displaying the average prices displays the property type "Commercial" as the most affordable one. At an cost of $268,758 it is 1 % cheaper than the average price in Cicero. "House" is seen as the second most affordable property type. The dearest property type is "House" followed by "Commercial". At a price of $264,728 it is 53 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "Commercial" at an average cost of $67 / sq.feet followed by "House" priced at $106 / sq.feet. "House" is the cheapest type of property with a $106 / sq.feet value followed by "Commercial" with an average price of $67 / sq.feet.