Property prices for sale in Lacon (Illinois)
The prices in real estate in Lacon, in the Illinois region have had a strong fall in the last couple of months. The real estate prices for second hand homes have gone through a strong fall in this city.
The price per sq.feet in Lacon has had a strong decrease during the last 6 months. In November, the average price per sq.feet was $6,489. In the following month the price per sq.feet decreased considerably to $1,285. The price for the following two months in (January, February) had a considerable decrease of 17 with regard to the prior two months. The price per sq.feet has had a considerable increase of 244 % 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 $2,274.25 to $5,549.5 during March, and April.
Based upon to the price in Lacon (cities), this has fallen considerably in the last 6 months. The average price for November is $406,838. During December the price had a slight fall till $378,473. During the following two months (January, February) the average price had a considerable reduction of 44 % with regard to the previous two months. During the last two months the average price has had a strong fall compared to the previous four going from $283,525 to $188,456.5, which means a 66 % fall.
