The prices in real estate in East Peoria, in the Illinois 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 East Peoria has increased during the last 6 months. In July, the average price per sq.feet was $82. In August this price pretty much remained the same at a value of $78 per sq.feet. In the following two months the price per sq.feet has barely changed, going from $80 to $79.5 per sq.feet. The price per sq.feet has had a considerable increase of 127 % 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 $79.75 to $101.5 during November, and December.
Based upon to the price in East Peoria (cities), this has gone up considerably in the last 6 months. In our first sample month during July, the average price is $143,933. In August This price remains at $137,308. In the following two months the average price has remained the same with regard to the previous two months from $140,620.5 to $137,104. Based on an analysis of the first four prices and the last two months the average price has risen strongly 230 % during the last two months.
The graph displaying the average price for bedrooms illustrates that those properties with 2 bedrooms are the cheapest ones. At a price of $123,899 they are 28 % more affordable than the average price for East Peoria. The properties with the highest average price have 4 bedrooms, Their price is 45 % more costly than the average. After that we have properties with 3 bedrooms priced at $148,851.
With regard to the average price per sq.feet , those properties with 2 bedrooms are the cheapest ones at a cost of $59 / sq.feet, with an average $85 / sq.feet price in East Peoria. The properties with the lowest average prices have 3 bedrooms. They are 11 % cheaper than the average followed by properties with 1 bedroom with a price at $75 / sq.feet.
The graph displaying the average prices displays the property type "Detached House" as the most affordable one. At an cost of $123,899 it is 31 % cheaper than the average price in East Peoria. "Townhouse" is seen as the second most affordable property type. The dearest property type is "Condo" followed by "House". At a price of $129,336 it is 74 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "Detached House" at an average cost of $63 / sq.feet followed by "Townhouse" priced at $67 / sq.feet. "Condo" is the most costly type of property with a $87 / sq.feet cost followed by "Duplex" with an average price of $70 / sq.feet.