The prices in real estate in Monmouth, 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 Monmouth has increased strongly during the last 6 months. In June, the average price per sq.feet was . In the following month the price per sq.feet increased considerably to . The price for the following two months in (August, September) had a considerable increment of 2147483647 %. The price per sq.feet has had a considerable increase of 432 % 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 $15.75 to $68 during October, and November.
Based upon to the price in Monmouth (cities), this has gone up considerably in the last 6 months. The average price during our first sample month during June, is . During July the price went through a considerable rise reaching . During the following two months (August, September) the average price had a considerable increase of 2147483647 % 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 risen strongly 440 % 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 $117,416 they are 37 % more affordable than the average price for Monmouth. The properties with the highest average price have 3 bedrooms, Their price is 57 % more costly than the average. After that we have properties with 4 bedrooms priced at $163,967.
With regard to the average price per sq.feet , those properties with 2 bedrooms are the cheapest ones at a cost of $65 / sq.feet, with an average $69 / sq.feet price in Monmouth. The properties with the highest average prices have 3 bedrooms. They are 70 % more expensive than the average followed by properties with 1 bedroom with a price at $76 / sq.feet.
With regard to the average price based upon the property in Monmouth we can see that most expensive property type is "House" at a price of $124,996, they are 6 % more costly than the average price of (!PRECIO2!). "House" has the highest price. This price is 6 % more expensive than the average price aforementioned.
According to the average area price by sq.feet the most costly property type is "House with an average price of $76 / sq.feet. "House" at an average price of $76 / sq.feet has the most expensive price and would be directed at more affluent cities.