The prices in real estate in Morton, 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 Morton has fallen in the last 6 months. In April, the average price per sq.feet was $112. In May this price pretty much remained the same at a value of $117 per sq.feet. The price for the following two months in (June, July) had a considerable increment of 116 %. The price per sq.feet has had a considerable deflation of 58 % 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 $123.5 to $72 during August, and September.
Based upon to the price in Morton (cities), this has gone downing the last 6 months. In our first sample month during April, the average price is $248,528. In May This price remains at $253,784. During the following two months (June, July) the price has had an average incrementation from $251,156 to $276,495.5. During the last two months the average price has had a strong fall compared to the previous four going from $263,825.75 to $143,520.5, which means a 54 % fall.