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 November, the average price per sq.feet was $69. In December this price pretty much remained the same at a value of $71 per sq.feet. The price for the following two months in (January, February) decreased 87 % 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 $65.5 to $62 during March, and April.
Based upon to the price in Monmouth (cities), this has gone downing the last 6 months. In our first sample month during November, the average price is $117,416. In December This price remains at $120,000. During the following two months (January, February) the average price had a considerable reduction of 81 % with regard to the previous two months. During the last two months, the average price has reduced with regard to the previous ones. To be precise it has gone down 90 %, going from $107,619.75 to $97,021 in March and April.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $99,938 they are 64 % more affordable than the average price for Monmouth. The properties with the highest average price have 4 bedrooms, Their price is 24 % more costly than the average. After that we have properties with 3 bedrooms priced at $117,825.
With regard to the average price per sq.feet , those properties with 1 bedroom are the cheapest ones at a cost of $48 / sq.feet, with an average $63 / sq.feet price in Monmouth. The properties with the highest average prices have 2 bedrooms. They are 16 % more expensive than the average followed by properties with 3 bedrooms with a price at $66 / 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 $105,705, 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 $64 / sq.feet. "House" at an average price of $64 / sq.feet has the most expensive price and would be directed at more affluent cities.