Property prices for sale in Glen Carbon (Illinois)
The prices in real estate in Glen Carbon, 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 Glen Carbon has increased strongly during the last 6 months. In October, the average price per sq.feet was $184. In the following month the price per sq.feet increased considerably to $1,433. The price for the following two months in (December, January) had a considerable decrease of 23 with regard to the prior two months. The price per sq.feet has had a considerable increase of 893 % 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 $499 to $4,456.5 during February, and March.
Based upon to the price in Glen Carbon (cities), these have remained the same in the last 6 months. In our first sample month during October, the average price is $372,963. In November This price remains at $364,798. In the following two months the average price has remained the same with regard to the previous two months from $368,880.5 to $364,365.5. Based on an analysis of the first four prices and the last two months the average price has gone up 110 % 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 $392,626 they are 68 % more affordable than the average price for Glen Carbon. The properties with the highest average price have 4 bedrooms, Their price is 16 % more costly than the average. After that we have properties with 3 bedrooms priced at $437,163.
With regard to the average price per sq.feet , those properties with 2 bedrooms are the cheapest ones at a cost of $153 / sq.feet, with an average $5,428 / sq.feet price in Glen Carbon. The properties with the lowest average prices have 1 bedroom. They are 96 % cheaper than the average followed by properties with 3 bedrooms with a price at $202 / sq.feet.
The graph displaying the average prices displays the property type "Condo" as the most affordable one. At an cost of $392,626 it is 63 % cheaper than the average price in Glen Carbon. "Townhouse" is seen as the second most affordable property type. The dearest property type is "House" followed by "Detached House". At a price of $380,740 it is 2 % 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 $10 / sq.feet followed by "Detached House" priced at $160 / sq.feet. "Land" is the most costly type of property with a $54,877 / sq.feet cost followed by "Condo" with an average price of $244 / sq.feet.
