The prices in real estate in East Alton, in the Illinois region have had a minor fall in the last couple of months. The real estate prices for second hand homes have fallen in this city
The price per sq.feet in East Alton has fallen in the last 6 months. In December, the average price per sq.feet was $60. In the following month the price per sq.feet increased to $64. The price for the following two months in (February, March) had a considerable decrease of 48 with regard to the prior two months. The price per sq.feet has had a considerable increase of 150 % 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 $45.75 to $68.5 during April, and May.
Based upon to the price in East Alton (cities), this has fallen considerably in the last 6 months. The average price for December is $100,356. During January the price had a slight fall till $89,593. During the following two months (February, March) the average price had a considerable reduction of 54 % 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 113 % during the last two months.
The graph showing the average price for bedrooms displays the property with the most expensive price has 1 bedroom. It is 11 % more costly than the average price of $89,323 in East Alton. Based on the bedrooms values, properties with the highest prices are those with 1 bedroom. They are 11 % more expensive than the average aforementioned.
With regard to the average prices per sq.feet those properties with 1 bedroom are 5 % cheaper than the average price of ($61 / sq.feet) in East Alton. Properties with the most affordable price based upon to the number of bedrooms / sq.feet are those with 1 bedroom. They are 5 % cheaper than the average value aforementioned.
The graph displaying the average prices displays the property type "Townhouse" as the most affordable one. At an cost of $80,343 it is 29 % cheaper than the average price in East Alton. "House" is seen as the second most affordable property type. The dearest property type is "Apartment" followed by "House". At a price of $89,323 it is 14 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "Apartment" at an average cost of $45 / sq.feet followed by "Townhouse" priced at $58 / sq.feet. "House" is the cheapest type of property with a $61 / sq.feet value followed by "Townhouse" with an average price of $58 / sq.feet.