Property prices for sale in Monticello (Illinois)
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 October, the average price per sq.feet was $159. In November this price pretty much remained the same at a value of $166 per sq.feet. In the following two months the price per sq.feet has barely changed, going from $162.5 to $157 per sq.feet. The price per sq.feet has had a considerable increase of 266 % 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 $159.75 to $424.5 during February, and March.
Based upon to the price in Monticello (cities), these have remained the same in the last 6 months. In our first sample month during October, the average price is $283,400. In November This price remains at $281,132. In the following two months the average price has remained the same with regard to the previous two months from $282,266 to $289,548. 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 $285,907 and $284,915 between February and March.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $294,217 they are 60 % more affordable than the average price for Monticello. The properties with the highest average price have 4 bedrooms, Their price is 21 % more costly than the average. After that we have properties with 3 bedrooms priced at $240,579.
With regard to the average price per sq.feet , those properties with 1 bedroom are the cheapest ones at a cost of $51 / sq.feet, with an average $174 / sq.feet price in Monticello. The properties with the lowest average prices have 4 bedrooms. They are 54 % cheaper than the average followed by properties with 3 bedrooms with a price at $74 / sq.feet.
The graph displaying the average prices displays the property type "Commercial" as the most affordable one. At an cost of $294,217 it is 37 % cheaper than the average price in Monticello. "House" is seen as the second most affordable property type. The cheapest type property is "House" followed by "Commercial". At a price of $184,213 it is 20 % more affordable than the average price.
According to the average cost per sq.feet, the cheapest property type is "Commercial" at an average cost of $3 / sq.feet followed by "House" priced at $70 / sq.feet. "House" is the cheapest type of property with a $70 / sq.feet value followed by "Commercial" with an average price of $3 / sq.feet.
