The prices in real estate in New Baden, 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 New Baden has increased strongly during the last 6 months. In October, the average price per sq.feet was $110. In the following month the price per sq.feet increased to $121. The price for the following two months in (December, January) decreased 90 % with regard to the prior two months. The price per sq.feet has had a considerable increase of 163 % 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 $110 to $179.5 during February, and March.
Based upon to the price in New Baden (cities), this has gone up considerably in the last 6 months. In our first sample month during October, the average price is $194,877. In November This price remains at $202,000. In the following two months the average price has remained the same with regard to the previous two months from $198,438.5 to $200,050. Based on an analysis of the first four prices and the last two months the average price has risen strongly 161 % 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 56 % cheaper than the average price of $127,508 in New Baden. Based on the bedrooms values, properties with the lowest prices are those with 1 bedroom. They are 56 % more affordable than the average aforementioned.
With regard to the average prices per sq.feet those properties with 1 bedroom are 87 % cheaper than the average price of ($23 / 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 87 % 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 $149,560, they are 49 % more affordable than the average price of (!PRECIO2!). "House" has the lowest price. This price is 49 % 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 $34 / sq.feet. "House" with an average cost of $34 / sq.feet has the lowest price and would be directed at less affluent cities.