The prices in real estate in Blue Island, in the Illinois region have remained the same in the last couple of months. The real estate prices for second hand homes have remained in this city.
The price per sq.feet in Blue Island has remained the same in the last 6 months. In August, the average price per sq.feet was $90. In the following month the price per sq.feet decreased considerably to $74. In the following two months the price per sq.feet has increased 112 %, going from $82 to $92 per sq.feet. The price per sq.feet has barely changed in the last two months compared to the average price of the previous four months going from an average price of $87 to $89.5 during December y January
Based upon to the price in Blue Island (cities), these have remained the same in the last 6 months. The average price for August is $144,640. During September the price had a considerable reduction till $116,575. During the following two months (October, November) the price has had an average incrementation from $130,607.5 to $142,862.5. Based on an analysis of the first four prices and the last two months the average price has risen strongly 118 % during the last two months.
The graph displaying the average price for bedrooms illustrates that those properties with 2 bedrooms are the cheapest ones. At a price of $176,746 they are 32 % more affordable than the average price for Blue Island. The properties with the lowest average price have 4 bedrooms, Their price is 5 % cheaper than the average. After that we have properties with 1 bedroom priced at $154,295.
With regard to the average price per sq.feet , those properties with 1 bedroom are the cheapest ones at a cost of $63 / sq.feet, with an average $89 / sq.feet price in Blue Island. The properties with the highest average prices have 4 bedrooms. They are 20 % more expensive than the average followed by properties with 3 bedrooms with a price at $103 / sq.feet.
The graph displaying the average prices displays the property type "House" as the most affordable one. At an cost of $176,746 it is 16 % cheaper than the average price in Blue Island. "Townhouse" is seen as the second most affordable property type. The dearest property type is "Commercial" followed by "Townhouse". At a price of $173,487 it is 28 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "Commercial" at an average cost of $58 / sq.feet followed by "Townhouse" priced at $81 / sq.feet. "House" is the most costly type of property with a $98 / sq.feet cost followed by "Townhouse" with an average price of $81 / sq.feet.