The prices in real estate in Lanark, 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 Lanark has increased strongly during the last 6 months. In November, the average price per sq.feet was $137. In the following month the price per sq.feet decreased considerably to $107. The price for the following two months in (January, February) had a considerable increment of 1065 %. The price per sq.feet has had a considerable increase of 143 % 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 $710.75 to $1,014 during March, and April.
Based upon to the price in Lanark (cities), this has gone downing the last 6 months. The average price for November is $345,354. During December the price had a considerable reduction till $258,082. In the following two months the average price has remained the same with regard to the previous two months from $301,718 to $288,212.5. 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.