The prices in real estate in New Baden, in the Illinois region have had a strong fall in the last couple of months. The real estate prices for second hand homes have gone through a strong fall in this city.
The price per sq.feet in New Baden has had a strong decrease during the last 6 months. In June, the average price per sq.feet was $110. In July this price pretty much remained the same at a value of $108 per sq.feet. The price for the following two months in (August, September) had a considerable decrease of 50 with regard to the prior two months. The price per sq.feet has had a considerable increase of 141 % 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 $82 to $115.5 during October, and November.
Based upon to the price in New Baden (cities), this has fallen considerably in the last 6 months. The average price for June is $274,645. During July the price had a considerable reduction till $228,662. During the following two months (August, September) the average price had a considerable reduction of 29 % 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 123 % 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 37 % cheaper than the average price of $128,021 in New Baden. Based on the bedrooms values, properties with the lowest prices are those with 1 bedroom. They are 37 % more affordable than the average aforementioned.
With regard to the average prices per sq.feet those properties with 1 bedroom are 78 % cheaper than the average price of ($27 / 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 78 % 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 $150,162, they are 26 % more affordable than the average price of (!PRECIO2!). "House" has the lowest price. This price is 26 % 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 $38 / sq.feet. "House" with an average cost of $38 / sq.feet has the lowest price and would be directed at less affluent cities.