The prices in real estate in Momence, 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 Momence has increased during the last 6 months. In July, the average price per sq.feet was $87. In August this price pretty much remained the same at a value of $89 per sq.feet. In the following two months the price per sq.feet has increased 105 %, going from $88 to $92.5 per sq.feet. The price per sq.feet has increased 109 % 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 $90.25 to $98.5 during November, and December.
Based upon to the price in Momence (cities), these have remained the same in the last 6 months. In our first sample month during July, the average price is $129,364. In August This price remains at $124,364. During the following two months (September, October) the price has had an average incrementation from $126,864 to $133,368.5. 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.
The graph displaying the average price for bedrooms illustrates that those properties with 2 bedrooms are the cheapest ones. At a price of $149,156 they are 38 % more affordable than the average price for Momence. The properties with the highest average price have 1 bedroom, Their price is 51 % more costly than the average. After that we have properties with 4 bedrooms priced at $197,000.
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 $99 / sq.feet price in Momence. The properties with the highest average prices have 1 bedroom. They are 20 % more expensive than the average followed by properties with 4 bedrooms with a price at $101 / sq.feet.
With regard to the average price based upon the property in Momence we can see that most expensive property type is "House" at a price of $153,310, they are 3 % more costly than the average price of (!PRECIO2!). "House" has the highest price. This price is 3 % more expensive than the average price aforementioned.
According to the average area cost by sq.feet the cheapest property type is "House with an average price of $96 / sq.feet. "House" with an average cost of $96 / sq.feet has the lowest price and would be directed at less affluent cities.