The prices in real estate in New Baden, 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 New Baden has fallen in the last 6 months. In November, the average price per sq.feet was $70. In December this price pretty much remained the same at a value of $68 per sq.feet. The price for the following two months in (January, February) had a considerable increment of 116 %. The price per sq.feet has had a considerable deflation of 53 % 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 $74.5 to $39.5 during March, and April.
Based upon to the price in New Baden (cities), this has fallen considerably in the last 6 months. The average price for November is $145,139. During December the price had a slight fall till $134,163. During the following two months (January, February) the price has had an average incrementation from $139,651 to $148,770.5. During the last two months the average price has had a strong fall compared to the previous four going from $144,210.75 to $72,732, which means a 50 % fall.