The prices in real estate in Morris, in the Illinois region have remained the same in the last couple of months. The real estate prices for second hand homes have remained in this city.
The price per sq.feet in Morris has remained the same in the last 6 months. In August, the average price per sq.feet was $123. In the following month the price per sq.feet increased to $130. In the following two months the price per sq.feet has barely changed, going from $126.5 to $127.5 per sq.feet. The price per sq.feet has barely changed in the last two months compared to the average price of the previous four months going from an average price of $127 to $128.5 during December y January
Based upon to the price in Morris (cities), this has fallen considerably in the last 6 months. The average price for August is $329,287. During September the price had a considerable reduction till $275,898. During the following two months (October, November) the average price fell 89 % with regard to the previous two months. During the last two months, the average price has reduced with regard to the previous ones. To be precise it has gone down 91 %, going from $286,382.5 to $260,182 in December and January.
The graph displaying the average price for bedrooms illustrates that those properties with 2 bedrooms are the cheapest ones. At a price of $268,339 they are 20 % more affordable than the average price for Morris. The properties with the lowest average price have 1 bedroom, Their price is 19 % cheaper than the average. After that we have properties with 2 bedrooms priced at $215,538.
With regard to the average price per sq.feet , those properties with 2 bedrooms are the cheapest ones at a cost of $99 / sq.feet, with an average $128 / sq.feet price in Morris. The properties with the lowest average prices have 1 bedroom. They are 19 % cheaper than the average followed by properties with 2 bedrooms with a price at $99 / sq.feet.
The graph displaying the average prices displays the property type "Condo" as the most affordable one. At an cost of $268,339 it is 28 % cheaper than the average price in Morris. "Townhouse" is seen as the second most affordable property type. The cheapest type property is "House" followed by "Duplex". At a price of $194,208 it is 20 % more affordable than the average price.
According to the average cost per sq.feet, the cheapest property type is "Condo" at an average cost of $78 / sq.feet followed by "Townhouse" priced at $80 / sq.feet. "House" is the cheapest type of property with a $99 / sq.feet value followed by "Duplex" with an average price of $82 / sq.feet.