The prices in real estate in Smithton, 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 Smithton has increased strongly during the last 6 months. In November, the average price per sq.feet was $3,581. In the following month the price per sq.feet increased considerably to $7,137. The price for the following two months in (January, February) had a considerable increment of 211 %. The price per sq.feet has had a considerable increase of 202 % 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 $8,331.25 to $16,802 during March, and April.
Based upon to the price in Smithton (cities), this has gone downing the last 6 months. The average price for November is $261,067. During December the price had a slight fall till $233,250. In the following two months the average price has remained the same with regard to the previous two months from $247,158.5 to $240,687.5. During the last two months, the average price has reduced with regard to the previous ones. To be precise it has gone down 87 %, going from $243,923 to $211,414.5 in March and April.