Property prices for sale in Freeburg (Illinois)
The prices in real estate in Freeburg, 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 Freeburg has increased strongly during the last 6 months. In November, the average price per sq.feet was $176. In the following month the price per sq.feet decreased to $161. The price for the following two months in (January, February) had a considerable increment of 5044 %. The price per sq.feet has had a considerable deflation of 4 % 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 $4,333.5 to $173 during March, and April.
Based upon to the price in Freeburg (cities), these have remained the same in the last 6 months. The average price for November is $338,897. During December the price had a slight fall till $315,242. During the following two months (January, February) the price has had an average incrementation from $327,069.5 to $360,024.5. During the last two months, the average price has reduced with regard to the previous ones. To be precise it has gone down 94 %, going from $343,547 to $321,865.5 in March and April.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $291,775 they are 71 % more affordable than the average price for Freeburg. The properties with the highest average price have 4 bedrooms, Their price is 28 % more costly than the average. After that we have properties with 3 bedrooms priced at $257,640.
With regard to the average price per sq.feet , those properties with 1 bedroom are the cheapest ones at a cost of $43 / sq.feet, with an average $161 / sq.feet price in Freeburg. The properties with the lowest average prices have 3 bedrooms. They are 52 % cheaper than the average followed by properties with 2 bedrooms with a price at $67 / sq.feet.
The graph displaying the average prices displays the property type "Townhouse" as the most affordable one. At an cost of $291,775 it is 59 % cheaper than the average price in Freeburg. "House" is seen as the second most affordable property type. The cheapest type property is "House" followed by "Townhouse". At a price of $120,779 it is 25 % more affordable than the average price.
According to the average cost per sq.feet, the cheapest property type is "Townhouse" at an average cost of $12 / sq.feet followed by "House" priced at $66 / sq.feet. "House" is the cheapest type of property with a $66 / sq.feet value followed by "Townhouse" with an average price of $12 / sq.feet.
