The prices in real estate in Olney, 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 Olney has increased strongly during the last 6 months. In April, the average price per sq.feet was $58. In the following month the price per sq.feet increased to $66. The price for the following two months in (June, July) had a considerable increment of 116 %. The price per sq.feet has increased 106 % 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 $67 to $71 during August, and September.
Based upon to the price in Olney (cities), this has gone up considerably in the last 6 months. The price in April is $102,874, rising in May till $115,212. During the following two months (June, July) the average price had a considerable increase of 122 % with regard to the previous two months. During the last two months, the average price has reduced with regard to the previous ones. To be precise it has gone down 94 %, going from $121,093.25 to $113,720.5 in August and September.
The graph showing the average price for bedrooms displays the property with the most expensive price has 1 bedroom. It is 13 % more costly than the average price of $130,554 in Olney. Based on the bedrooms values, properties with the highest prices are those with 1 bedroom. They are 13 % more expensive than the average aforementioned.
With regard to the average prices per sq.feet those properties with 1 bedroom are 8 % more costly than the average price of ($80 / sq.feet) in Olney. Properties with the most expensive price based upon to the number of bedrooms / sq.feet are those with 1 bedroom. They are 8 % more costly than the average value aforementioned.
With regard to the average price based upon the property in Olney we can see that most expensive property type is "House" at a price of $130,554, they are 13 % more costly than the average price of (!PRECIO2!). "House" has the highest price. This price is 13 % more expensive than the average price aforementioned.
According to the average area price by sq.feet the most costly property type is "House with an average price of $80 / sq.feet. "House" at an average price of $80 / sq.feet has the most expensive price and would be directed at more affluent cities.