The prices in real estate in Moro, 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 Moro has had a strong decrease during the last 6 months. In September, the average price per sq.feet was $109. In the following month the price per sq.feet increased to $124. The price for the following two months in (November, December) had a considerable decrease of 74 with regard to the prior two months. The price per sq.feet has had a considerable deflation of 81 % 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 $101.5 to $82.5 during January, and February.
Based upon to the price in Moro (cities), this has fallen considerably in the last 6 months. The average price during our first sample month during September, is $206,107. During October the price went through a considerable rise reaching $250,933. During the following two months (November, December) 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 $182,141.75 to $141,291.5, which means a 78 % fall.
The graph showing the average price for bedrooms displays the property with the most expensive price has 1 bedroom. It is 163 % more costly than the average price of $375,847 in Moro. Based on the bedrooms values, properties with the highest prices are those with 1 bedroom. They are 163 % more expensive than the average aforementioned.
With regard to the average prices per sq.feet those properties with 1 bedroom are 12 % cheaper than the average price of ($71 / sq.feet) in Moro. Properties with the most affordable price based upon to the number of bedrooms / sq.feet are those with 1 bedroom. They are 12 % cheaper than the average value aforementioned.
With regard to the average price based upon the property in Moro we can see that most expensive property type is "House" at a price of $375,847, they are 163 % more costly than the average price of (!PRECIO2!). "House" has the highest price. This price is 163 % more expensive than the average price aforementioned.
According to the average area cost by sq.feet the cheapest property type is "House with an average price of $71 / sq.feet. "House" with an average cost of $71 / sq.feet has the lowest price and would be directed at less affluent cities.