The prices in real estate in New Baden, in the Illinois region have had a minor rise in the last couple of months. The real estate prices for second hand homes have risen in this city.
The price per sq.feet in New Baden has increased during the last 6 months. In April, the average price per sq.feet was $69. In May this price pretty much remained the same at a value of $68 per sq.feet. In the following two months the price per sq.feet has increased 112 %, going from $68.5 to $77 per sq.feet. The price per sq.feet has increased 115 % 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 $72.75 to $83.5 during August, and September.
Based upon to the price in New Baden (cities), these have remained the same in the last 6 months. The average price for April is $166,288. During May the price had a slight fall till $147,120. In the following two months the average price has remained the same with regard to the previous two months from $156,704 to $162,004. Based on an analysis of the first four prices and the last two months the average price has gone up 113 % during the last two months.
The graph showing the average price for bedrooms displays the property with the lowest price has 1 bedroom. It is 26 % cheaper than the average price of $133,404 in New Baden. Based on the bedrooms values, properties with the lowest prices are those with 1 bedroom. They are 26 % more affordable than the average aforementioned.
With regard to the average prices per sq.feet those properties with 1 bedroom are 22 % cheaper than the average price of ($68 / sq.feet) in New Baden. Properties with the most affordable price based upon to the number of bedrooms / sq.feet are those with 1 bedroom. They are 22 % cheaper than the average value aforementioned.
With regard to the average price based upon the property in New Baden we can see that the cheapest property type is "House" at a price of $156,470, they are 14 % more affordable than the average price of (!PRECIO2!). "House" has the lowest price. This price is 14 % 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 $79 / sq.feet. "House" with an average cost of $79 / sq.feet has the lowest price and would be directed at less affluent cities.