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 July, the average price per sq.feet was . In the following month the price per sq.feet increased considerably to . The price for the following two months in (September, October) had a considerable increment of 2147483647 %. The price per sq.feet has had a considerable increase of 193 % 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 $40 to $77 during November, and December.
Based upon to the price in Colona (cities), this has gone up considerably in the last 6 months. The average price during our first sample month during July, is . During August the price went through a considerable rise reaching . During the following two months (September, October) the average price had a considerable increase of 2147483647 % 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 risen strongly 188 % 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 $100,913 they are 54 % more affordable than the average price for Colona. The properties with the highest average price have 4 bedrooms, Their price is 102 % more costly than the average. After that we have properties with 3 bedrooms priced at $107,129.
With regard to the average price per sq.feet , those properties with 1 bedroom are the cheapest ones at a cost of $47 / sq.feet, with an average $75 / sq.feet price in Colona. The properties with the highest average prices have 4 bedrooms. They are 17 % more expensive than the average followed by properties with 3 bedrooms with a price at $87 / sq.feet.
The graph displaying the average prices displays the property type "Townhouse" as the most affordable one. At an cost of $100,913 it is 17 % 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 $83,628 it is 17 % 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 $61 / sq.feet followed by "Townhouse" priced at $77 / sq.feet. "Apartment" is the most costly type of property with a $80 / sq.feet cost followed by "Townhouse" with an average price of $77 / sq.feet.