The prices in real estate in Monticello, 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 Monticello has increased strongly during the last 6 months. In April, 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 (June, July) had a considerable increment of 2147483647 %. The price per sq.feet has had a considerable increase of 175 % 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 $60 to $105 during August, and September.
Based upon to the price in Monticello (cities), this has gone up considerably in the last 6 months. The average price during our first sample month during April, is . During May the price went through a considerable rise reaching . During the following two months (June, July) 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 154 % 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 $220,597 they are 44 % more affordable than the average price for Monticello. The properties with the highest average price have 4 bedrooms, Their price is 58 % more costly than the average. After that we have properties with 3 bedrooms priced at $230,900.
With regard to the average price per sq.feet , those properties with 1 bedroom are the cheapest ones at a cost of $92 / sq.feet, with an average $104 / sq.feet price in Monticello. The properties with the highest average prices have 2 bedrooms. They are 6 % more expensive than the average followed by properties with 4 bedrooms with a price at $109 / sq.feet.
The graph displaying the average prices displays the property type "Commercial" as the most affordable one. At an cost of $220,597 it is 13 % cheaper than the average price in Monticello. "House" is seen as the second most affordable property type. The dearest property type is "House" followed by "Commercial". At a price of $192,140 it is 2 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "Commercial" at an average cost of $45 / sq.feet followed by "House" priced at $107 / sq.feet. "House" is the most costly type of property with a $107 / sq.feet cost followed by "Commercial" with an average price of $45 / sq.feet.