The prices in real estate in Marseilles, in the Illinois region have had a minor rise in the last couple of months. The real estate prices for second hand homes have risen in this city.
The price per sq.feet in Marseilles has increased during the last 6 months. In September, the average price per sq.feet was $87. In October this price pretty much remained the same at a value of $83 per sq.feet. The price for the following two months in (November, December) had a considerable increment of 119 %. The price per sq.feet has increased 111 % 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 $93 to $103.5 during January, and February.
Based upon to the price in Marseilles (cities), this has gone up considerably in the last 6 months. In our first sample month during September, the average price is $148,715. In October This price remains at $142,707. During the following two months (November, December) the average price had a considerable increase of 129 % 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 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 $179,899 they are 50 % more affordable than the average price for Marseilles. The properties with the highest average price have 3 bedrooms, Their price is 1 % more costly than the average. After that we have properties with 4 bedrooms priced at $176,391.
With regard to the average price per sq.feet , those properties with 1 bedroom are the cheapest ones at a cost of $63 / sq.feet, with an average $102 / sq.feet price in Marseilles. The properties with the lowest average prices have 4 bedrooms. They are 5 % cheaper than the average followed by properties with 3 bedrooms with a price at $91 / sq.feet.
The graph displaying the average prices displays the property type "House" as the most affordable one. At an cost of $179,899 it is 10 % cheaper than the average price in Marseilles. "Land" is seen as the second most affordable property type. The dearest property type is "Land" followed by "House". At a price of $162,741 it is 39 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "Land" at an average cost of $79 / sq.feet followed by "House" priced at $87 / sq.feet. "House" is the cheapest type of property with a $87 / sq.feet value followed by "Land" with an average price of $79 / sq.feet.