The prices in real estate in Justice, 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 Justice has increased strongly during the last 6 months. In May, the average price per sq.feet was . In the following month the price per sq.feet increased considerably to $142. The price for the following two months in (July, August) had a considerable increment of 204 %. The price per sq.feet has had a considerable increase of 135 % 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 $108 to $146 during September, and October.
Based upon to the price in Justice (cities), this has gone up considerably in the last 6 months. The average price during our first sample month during May, is . During June the price went through a considerable rise reaching $239,182. During the following two months (July, August) the average price had a considerable increase of 198 % with regard to the previous two months. Based on an analysis of the first four prices and the last two months the average price has risen strongly 149 % during the last two months.
The graph displaying the average price for bedrooms illustrates that those properties with 2 bedrooms are the cheapest ones. At a price of $254,174 they are 64 % more affordable than the average price for Justice. The properties with the lowest average price have 1 bedroom, Their price is 21 % cheaper than the average. After that we have properties with 4 bedrooms priced at $178,339.
With regard to the average price per sq.feet , those properties with 2 bedrooms are the cheapest ones at a cost of $93 / sq.feet, with an average $147 / sq.feet price in Justice. The properties with the lowest average prices have 4 bedrooms. They are 22 % cheaper than the average followed by properties with 1 bedroom with a price at $99 / sq.feet.
The graph displaying the average prices displays the property type "Townhouse" as the most affordable one. At an cost of $254,174 it is 47 % cheaper than the average price in Justice. "House" is seen as the second most affordable property type. The cheapest type property is "Duplex" followed by "House". At a price of $178,339 it is 21 % 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 $79 / sq.feet followed by "Duplex" priced at $94 / sq.feet. "House" is the cheapest type of property with a $114 / sq.feet value followed by "Duplex" with an average price of $94 / sq.feet.