The prices in real estate in Moro, 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 Moro has fallen in the last 6 months. In November, the average price per sq.feet was $101. In the following month the price per sq.feet increased to $116. In the following two months the price per sq.feet has barely changed, going from $108.5 to $104 per sq.feet. The price per sq.feet has had a considerable deflation of 56 % 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 $106.25 to $59 during March, and April.
Based upon to the price in Moro (cities), this has gone downing the last 6 months. The price in November is $229,312, rising in December till $259,450. During the following two months (January, February) the average price fell 87 % 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 $228,603 to $170,978, which means a 75 % fall.