The prices in real estate in Jerseyville, 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 Jerseyville has increased strongly during the last 6 months. In November, the average price per sq.feet was $1,716. In the following month the price per sq.feet increased considerably to $3,088. The price for the following two months in (January, February) had a considerable increment of 206 %. The price per sq.feet has had a considerable increase of 213 % 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 $3,669.5 to $7,827.5 during March, and April.
Based upon to the price in Jerseyville (cities), this has gone up in the last 6 months. The price in November is $118,080, rising in December till $125,151. During the following two months (January, February) the price has had an average incrementation from $121,615.5 to $138,138. During the last two months, the average price has pretty much remained the same with regard to the previous average values going from an average value of $129,876.75 and $126,471.5 between 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 $129,493 they are 81 % more affordable than the average price for Jerseyville. The properties with the highest average price have 4 bedrooms, Their price is 150 % more costly than the average. After that we have properties with 3 bedrooms priced at $139,825.
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 $4,288 / sq.feet price in Jerseyville. The properties with the lowest average prices have 4 bedrooms. They are 97 % cheaper than the average followed by properties with 2 bedrooms with a price at $100 / sq.feet.
The graph displaying the average prices displays the property type "" as the most affordable one. At an cost of $129,493 it is 22 % cheaper than the average price in Jerseyville. "House" is seen as the second most affordable property type. The dearest property type is "House" followed by "". At a price of $100,437 it is 25 % more expensive than the average price.
According to the average area cost by sq.feet the cheapest property type is "House with an average price of $65 / sq.feet. "House" with an average cost of $65 / sq.feet has the lowest price and would be directed at less affluent cities.