Property prices for sale in Morton (Illinois)
The prices in real estate in Morton, 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 Morton has increased strongly during the last 6 months. In October, the average price per sq.feet was $139. In November this price pretty much remained the same at a value of $142 per sq.feet. The price for the following two months in (December, January) had a considerable increment of 1522 %. The price per sq.feet has had a considerable increase of 1442 % 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 $1,139.75 to $16,440 during February, and March.
Based upon to the price in Morton (cities), this has gone downing the last 6 months. In our first sample month during October, the average price is $350,561. In November This price remains at $335,543. During the following two months (December, January) the price has had an average incrementation from $343,052 to $361,035.5. During the last two months the average price has had a strong fall compared to the previous four going from $352,043.75 to $270,802.5, which means a 77 % fall.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $268,127 they are 90 % more affordable than the average price for Morton. The properties with the highest average price have 4 bedrooms, Their price is 55 % more costly than the average. After that we have properties with 3 bedrooms priced at $145,704.
With regard to the average price per sq.feet , those properties with 1 bedroom are the cheapest ones at a cost of $32 / sq.feet, with an average $16,191 / sq.feet price in Morton. The properties with the lowest average prices have 4 bedrooms. They are 99 % cheaper than the average followed by properties with 3 bedrooms with a price at $67 / sq.feet.
The graph displaying the average prices displays the property type "Apartment" as the most affordable one. At an cost of $268,127 it is 41 % cheaper than the average price in Morton. "House" is seen as the second most affordable property type. The dearest property type is "Commercial" followed by "Townhouse". At a price of $432,661 it is 66 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "House" at an average cost of $57 / sq.feet followed by "Apartment" priced at $81 / sq.feet. "Townhouse" is the cheapest type of property with a $154 / sq.feet value followed by "Commercial" with an average price of $107 / sq.feet.
