The prices in real estate in Edwardsville, 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 Edwardsville has increased during the last 6 months. In November, the average price per sq.feet was $1,774. In the following month the price per sq.feet increased considerably to $2,079. The price for the following two months in (January, February) had a considerable increment of 115 %. The price per sq.feet has had a considerable deflation of 76 % 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 $2,071.5 to $1,568.5 during March, and April.
Based upon to the price in Edwardsville (cities), this has gone up in the last 6 months. The price in November is $301,303, rising in December till $321,635. In the following two months the average price has remained the same with regard to the previous two months from $311,469 to $311,764.5. 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 $409,775 they are 67 % more affordable than the average price for Edwardsville. The properties with the highest average price have 3 bedrooms, Their price is 31 % more costly than the average. After that we have properties with 4 bedrooms priced at $431,007.
With regard to the average price per sq.feet , those properties with 1 bedroom are the cheapest ones at a cost of $111 / sq.feet, with an average $179 / sq.feet price in Edwardsville. The properties with the highest average prices have 3 bedrooms. They are 42 % more expensive than the average followed by properties with 4 bedrooms with a price at $171 / sq.feet.
The graph displaying the average prices displays the property type "Condo" as the most affordable one. At an cost of $409,775 it is 55 % cheaper than the average price in Edwardsville. "Duplex" is seen as the second most affordable property type. The dearest property type is "House" followed by "Detached House". At a price of $337,522 it is 8 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "Condo" at an average cost of $11 / sq.feet followed by "Duplex" priced at $17 / sq.feet. "House" is the most costly type of property with a $187 / sq.feet cost followed by "Detached House" with an average price of $86 / sq.feet.