Property prices for sale in Paris (Illinois)
The prices in real estate in Paris, 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 Paris has increased strongly during the last 6 months. In October, the average price per sq.feet was $77. In the following month the price per sq.feet decreased to $69. The price for the following two months in (December, January) had a considerable decrease of 80 with regard to the prior two months. The price per sq.feet has had a considerable increase of 764 % 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 $65.75 to $502.5 during February, and March.
Based upon to the price in Paris (cities), these have remained the same in the last 6 months. The average price for October is $135,182. During November the price had a slight fall till $122,316. During the following two months (December, January) the average price had a considerable increase of 125 % with regard to the previous two months. During the last two months the average price has had a strong fall compared to the previous four going from $145,056.75 to $99,559, which means a 69 % fall.
The graph displaying the average price for bedrooms illustrates that those properties with 2 bedrooms are the cheapest ones. At a price of $102,464 they are 61 % more affordable than the average price for Paris. The properties with the highest average price have 3 bedrooms, Their price is 41 % more costly than the average. After that we have properties with 4 bedrooms priced at $118,550.
With regard to the average price per sq.feet , those properties with 2 bedrooms are the cheapest ones at a cost of $34 / sq.feet, with an average $512 / sq.feet price in Paris. The properties with the lowest average prices have 3 bedrooms. They are 80 % cheaper than the average followed by properties with 4 bedrooms with a price at $52 / sq.feet.
The graph displaying the average prices displays the property type "Land" as the most affordable one. At an cost of $102,464 it is 59 % cheaper than the average price in Paris. "House" is seen as the second most affordable property type. The dearest property type is "House" followed by "Land". At a price of $42,333 it is 4 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "House" at an average cost of $69 / sq.feet followed by "Land" priced at $17,833 / sq.feet. "Land" is the most costly type of property with a $17,833 / sq.feet cost followed by "House" with an average price of $69 / sq.feet.
