Property prices for sale in Colona (Illinois)
The prices in real estate in Colona, 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 Colona has increased strongly during the last 6 months. In October, the average price per sq.feet was $139. In the following month the price per sq.feet decreased to $119. The price for the following two months in (December, January) had a considerable increment of 996 %. The price per sq.feet has had a considerable increase of 183 % 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 $707 to $1,291 during February, and March.
Based upon to the price in Colona (cities), this has gone up in the last 6 months. The average price for October is $244,620. During November the price had a slight fall till $208,818. During the following two months (December, January) the average price had a considerable increase of 117 % 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 114 % 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 $349,986 they are 87 % more affordable than the average price for Colona. The properties with the lowest average price have 4 bedrooms, Their price is 44 % cheaper than the average. After that we have properties with 3 bedrooms priced at $103,114.
With regard to the average price per sq.feet , those properties with 1 bedroom are the cheapest ones at a cost of $23 / sq.feet, with an average $2,433 / sq.feet price in Colona. The properties with the lowest average prices have 4 bedrooms. They are 98 % cheaper than the average followed by properties with 3 bedrooms with a price at $49 / sq.feet.
The graph displaying the average prices displays the property type "Townhouse" as the most affordable one. At an cost of $349,986 it is 77 % cheaper than the average price in Colona. "Apartment" is seen as the second most affordable property type. The cheapest type property is "House" followed by "Apartment". At a price of $80,490 it is 77 % 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 $23 / sq.feet followed by "Townhouse" priced at $39 / sq.feet. "Apartment" is the cheapest type of property with a $42 / sq.feet value followed by "Townhouse" with an average price of $39 / sq.feet.
