The prices in real estate in Walnut Hill, 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 Walnut Hill has had a strong decrease during the last 6 months. In October, the average price per sq.feet was $10,317. In the following month the price per sq.feet decreased considerably to $226. The price for the following two months in (December, January) had a considerable decrease of 56 with regard to the prior two months. The price per sq.feet has had a considerable increase of 157 % 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 $4,112.75 to $6,461.5 during February, and March.
Based upon to the price in Walnut Hill (cities), this has fallen considerably in the last 6 months. The average price for October is $692,422. During November the price had a slight fall till $621,521. In the following two months the average price has remained the same with regard to the previous two months from $656,971.5 to $631,209.5. During the last two months the average price has had a strong fall compared to the previous four going from $644,090.5 to $423,268, which means a 66 % fall.