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 September, the average price per sq.feet was $81. In the following month the price per sq.feet decreased to $74. The price for the following two months in (November, December) decreased 87 % with regard to the prior two months. The price per sq.feet has decreased 92 % 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 $72.5 to $67 during January, and February.
Based upon to the price in New Baden (cities), this has gone downing the last 6 months. The average price for September is $146,644. During October the price had a slight fall till $130,469. During the following two months (November, December) the average price fell 88 % with regard to the previous two months. During the last two months, the average price has pretty much remained the same with regard to the previous average values going from an average value of $130,444.25 and $127,438.5 between January and February.
The graph showing the average price for bedrooms displays the property with the most expensive price has 1 bedroom. It is 2 % more costly than the average price of $131,541 in New Baden. Based on the bedrooms values, properties with the highest prices are those with 1 bedroom. They are 2 % more expensive than the average aforementioned.
With regard to the average prices per sq.feet those properties with 1 bedroom are 21 % cheaper than the average price of ($54 / 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 21 % cheaper than the average value aforementioned.
With regard to the average price based upon the property in New Baden we can see that most expensive property type is "House" at a price of $154,287, they are 19 % more costly than the average price of (!PRECIO2!). "House" has the highest price. This price is 19 % more expensive 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.