Property prices for sale in Pearl (Illinois)
The prices in real estate in Pearl, 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 Pearl has increased strongly during the last 6 months. In October, the average price per sq.feet was $150. In November this price pretty much remained the same at a value of $156 per sq.feet. In the following two months the price per sq.feet has barely changed, going from $153 to $154.5 per sq.feet. The price per sq.feet has had a considerable increase of 1238 % 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 $153.75 to $1,904 during February, and March.
Based upon to the price in Pearl (cities), these have remained the same in the last 6 months. In our first sample month during October, the average price is $235,637. In November This price remains at $233,594. In the following two months the average price has remained the same with regard to the previous two months from $234,615.5 to $246,113. 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 $240,364.25 and $250,224.5 between February and March.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $242,520 they are 67 % more affordable than the average price for Pearl. The properties with the highest average price have 4 bedrooms, Their price is 22 % more costly than the average. After that we have properties with 3 bedrooms priced at $220,039.
With regard to the average price per sq.feet , those properties with 1 bedroom are the cheapest ones at a cost of $82 / sq.feet, with an average $3,655 / sq.feet price in Pearl. The properties with the lowest average prices have 3 bedrooms. They are 95 % cheaper than the average followed by properties with 4 bedrooms with a price at $145 / sq.feet.
The graph displaying the average prices displays the property type "Detached House" as the most affordable one. At an cost of $242,520 it is 42 % cheaper than the average price in Pearl. "House" is seen as the second most affordable property type. The dearest property type is "Apartment" followed by "House". At a price of $212,161 it is 14 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "Detached House" at an average cost of $39 / sq.feet followed by "House" priced at $142 / sq.feet. "Apartment" is the most costly type of property with a $22,247 / sq.feet cost followed by "House" with an average price of $142 / sq.feet.
