Property prices for sale in Arlington Heights (Illinois)
The prices in real estate in Arlington Heights, in the Illinois region have had a minor rise in the last couple of months. The real estate prices for second hand homes have risen in this city.
The price per sq.feet in Arlington Heights has increased during the last 6 months. In October, the average price per sq.feet was $239. In November this price pretty much remained the same at a value of $238 per sq.feet. In the following two months the price per sq.feet has barely changed, going from $238.5 to $246.5 per sq.feet. The price per sq.feet has increased 110 % 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 $242.5 to $267 during February, and March.
Based upon to the price in Arlington Heights (cities), this has gone up in the last 6 months. In our first sample month during October, the average price is $481,996. In November This price remains at $477,097. During the following two months (December, January) the price has had an average incrementation from $479,546.5 to $511,053. Based on an analysis of the first four prices and the last two months the average price has gone up 115 % during the last two months.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $571,859 they are 61 % more affordable than the average price for Arlington Heights. The properties with the highest average price have 4 bedrooms, Their price is 26 % more costly than the average. After that we have properties with 3 bedrooms priced at $460,366.
With regard to the average price per sq.feet , those properties with 1 bedroom are the cheapest ones at a cost of $222 / sq.feet, with an average $267 / sq.feet price in Arlington Heights. The properties with the highest average prices have 4 bedrooms. They are 9 % more expensive than the average followed by properties with 3 bedrooms with a price at $276 / sq.feet.
The graph displaying the average prices displays the property type "Condo" as the most affordable one. At an cost of $571,859 it is 49 % cheaper than the average price in Arlington Heights. "Detached House" is seen as the second most affordable property type. The dearest property type is "House" followed by "Office". At a price of $503,237 it is 15 % 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 $167 / sq.feet followed by "Townhouse" priced at $178 / sq.feet. "Land" is the most costly type of property with a $301,867 / sq.feet cost followed by "Office" with an average price of $327 / sq.feet.
