The prices in real estate in Monmouth, in the Illinois region have had a minor fall in the last couple of months. The real estate prices for second hand homes have fallen in this city
The price per sq.feet in Monmouth has fallen in the last 6 months. In April, the average price per sq.feet was $72. In May this price pretty much remained the same at a value of $71 per sq.feet. The price for the following two months in (June, July) decreased 92 % with regard to the prior two months. The price per sq.feet has decreased 95 % 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 $68.5 to $65 during August, and September.
Based upon to the price in Monmouth (cities), these have remained the same in the last 6 months. In our first sample month during April, the average price is $92,871. In May This price remains at $93,869. In the following two months the average price has remained the same with regard to the previous two months from $93,370 to $94,821.5. During the last two months, the average price has pretty much remained the same with regard to the previous average values going from an average value of $94,095.75 and $96,298.5 between August and September.
The graph showing the average price for bedrooms displays the property with the most expensive price has 1 bedroom. It is 3 % more costly than the average price of $101,009 in Monmouth. Based on the bedrooms values, properties with the highest prices are those with 1 bedroom. They are 3 % more expensive than the average aforementioned.
With regard to the average prices per sq.feet those properties with 1 bedroom are 9 % cheaper than the average price of ($59 / sq.feet) in Monmouth. Properties with the most affordable price based upon to the number of bedrooms / sq.feet are those with 1 bedroom. They are 9 % cheaper than the average value aforementioned.
The graph displaying the average prices displays the property type "Townhouse" as the most affordable one. At an cost of $97,650 it is 29 % cheaper than the average price in Monmouth. "House" is seen as the second most affordable property type. The dearest property type is "House" followed by "Townhouse". At a price of $69,060 it is 3 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "Townhouse" at an average cost of $43 / sq.feet followed by "House" priced at $59 / sq.feet. "House" is the cheapest type of property with a $59 / sq.feet value followed by "Townhouse" with an average price of $43 / sq.feet.