Property prices for sale in Ridge Farm (Illinois)
The prices in real estate in Ridge Farm, 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 Ridge Farm has had a strong decrease during the last 6 months. In November, the average price per sq.feet was $59. In the following month the price per sq.feet decreased considerably to $48. The price for the following two months in (January, February) had a considerable decrease of 58 with regard to the prior two months. The price per sq.feet has had a considerable deflation of 78 % 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 $42.25 to $33 during March, and April.
Based upon to the price in Ridge Farm (cities), this has fallen considerably in the last 6 months. The average price for November is $145,150. During December the price had a considerable reduction till $109,488. During the following two months (January, February) the average price had a considerable reduction of 48 % 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 $93,972 to $71,166.5, which means a 76 % fall.
