Property prices for sale in Monroe Center (Illinois)
The prices in real estate in Monroe Center, in the Illinois region have had a strong fall in the last couple of months. The real estate prices for second hand homes have gone through a strong fall in this city.
The price per sq.feet in Monroe Center has had a strong decrease during the last 6 months. In October, the average price per sq.feet was $237. In the following month the price per sq.feet decreased considerably to $126. The price for the following two months in (December, January) decreased 87 % with regard to the prior two months. The price per sq.feet has had a considerable deflation of 74 % 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 $169.25 to $126 during February, and March.
Based upon to the price in Monroe Center (cities), this has fallen considerably in the last 6 months. The average price for October is $1,276,633. During November the price had a considerable reduction till $232,430. During the following two months (December, January) the average price had a considerable reduction of 59 % with regard to the previous two months. During the last two months the average price has had a strong fall compared to the previous four going from $600,442 to $487,175, which means a 81 % fall.
