The prices in real estate in Somonauk, 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 Somonauk has increased strongly during the last 6 months. In October, the average price per sq.feet was $1,976. In the following month the price per sq.feet increased to $2,234. In the following two months the price per sq.feet has increased 115 %, going from $2,105 to $2,417.5 per sq.feet. The price per sq.feet has had a considerable increase of 235 % 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 $2,261.25 to $5,323 during February, and March.
Based upon to the price in Somonauk (cities), this has gone downing the last 6 months. The average price for October is $455,746. During November the price had a considerable reduction till $365,067. During the following two months (December, January) the price has had an average incrementation from $410,406.5 to $436,056. 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 $423,231.25 and $436,571.5 between February and March.
The graph showing the average price for bedrooms displays the property with the lowest price has 1 bedroom. It is 40 % cheaper than the average price of $270,886 in Somonauk. Based on the bedrooms values, properties with the lowest prices are those with 1 bedroom. They are 40 % more affordable than the average aforementioned.
With regard to the average prices per sq.feet those properties with 1 bedroom are 99 % cheaper than the average price of ($85 / sq.feet) in Somonauk. Properties with the most affordable price based upon to the number of bedrooms / sq.feet are those with 1 bedroom. They are 99 % cheaper than the average value aforementioned.
With regard to the average price based upon the property in Somonauk we can see that the cheapest property type is "House" at a price of $270,886, they are 40 % more affordable than the average price of (!PRECIO2!). "House" has the lowest price. This price is 40 % more affordable than the average price aforementioned.
According to the average area cost by sq.feet the cheapest property type is "House with an average price of $85 / sq.feet. "House" with an average cost of $85 / sq.feet has the lowest price and would be directed at less affluent cities.