The prices in real estate in Mount Olive, 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 Mount Olive has increased strongly during the last 6 months. In April, the average price per sq.feet was . In the following month the price per sq.feet increased considerably to . The price for the following two months in (June, July) had a considerable increment of 2147483647 %. The price per sq.feet has had a considerable increase of 365 % 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 $21.25 to $77.5 during August, and September.
Based upon to the price in Mount Olive (cities), this has gone up considerably in the last 6 months. The average price during our first sample month during April, is . During May the price went through a considerable rise reaching . During the following two months (June, July) the average price had a considerable increase of 2147483647 % with regard to the previous two months. Based on an analysis of the first four prices and the last two months the average price has risen strongly 339 % during the last two months.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $105,642 they are 20 % more affordable than the average price for Mount Olive. The properties with the highest average price have 4 bedrooms, Their price is 111 % more costly than the average. After that we have properties with 3 bedrooms priced at $136,563.
With regard to the average price per sq.feet , those properties with 1 bedroom are the cheapest ones at a cost of $65 / sq.feet, with an average $73 / sq.feet price in Mount Olive. The properties with the highest average prices have 4 bedrooms. They are 40 % more expensive than the average followed by properties with 3 bedrooms with a price at $83 / sq.feet.
With regard to the average price based upon the property in Mount Olive we can see that the cheapest property type is "House" at a price of $98,275, they are 7 % more affordable than the average price of (!PRECIO2!). "House" has the lowest price. This price is 7 % more affordable 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 $65 / sq.feet. "House" with an average cost of $65 / sq.feet has the lowest price and would be directed at less affluent cities.