Property prices for sale in East Saint Louis (Illinois)
The prices in real estate in East Saint Louis, in the Illinois region have had a strong fall in the last couple of months. The real estate prices for second hand homes have gone through a strong fall in this city.
The price per sq.feet in East Saint Louis has had a strong decrease during the last 6 months. In October, the average price per sq.feet was $112. In the following month the price per sq.feet decreased to $100. The price for the following two months in (December, January) decreased 89 % with regard to the prior two months. The price per sq.feet has had a considerable deflation of 83 % 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 $100.25 to $83.5 during February, and March.
Based upon to the price in East Saint Louis (cities), this has fallen considerably in the last 6 months. The average price for October is $209,204. During November the price had a considerable reduction till $169,924. During the following two months (December, January) the average price had a considerable reduction of 73 % with regard to the previous two months. During the last two months the average price has had a strong fall compared to the previous four going from $164,042 to $108,255.5, which means a 66 % fall.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $115,166 they are 67 % more affordable than the average price for East Saint Louis. The properties with the highest average price have 4 bedrooms, Their price is 113 % more costly than the average. After that we have properties with 3 bedrooms priced at $123,450.
With regard to the average price per sq.feet , those properties with 1 bedroom are the cheapest ones at a cost of $45 / sq.feet, with an average $85 / sq.feet price in East Saint Louis. The properties with the highest average prices have 4 bedrooms. They are 40 % more expensive than the average followed by properties with 3 bedrooms with a price at $92 / sq.feet.
The graph displaying the average prices displays the property type "Condo" as the most affordable one. At an cost of $115,166 it is 80 % cheaper than the average price in East Saint Louis. "Townhouse" is seen as the second most affordable property type. The dearest property type is "House" followed by "Townhouse". At a price of $32,576 it is 6 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "Townhouse" at an average cost of $18 / sq.feet followed by "Condo" priced at $26 / sq.feet. "House" is the most costly type of property with a $88 / sq.feet cost followed by "Condo" with an average price of $26 / sq.feet.
