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 September, the average price per sq.feet was $105. In October this price pretty much remained the same at a value of $106 per sq.feet. In the following two months the price per sq.feet has barely changed, going from $105.5 to $101.5 per sq.feet. The price per sq.feet has increased 106 % 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 $103.5 to $109.5 during January, and February.
Based upon to the price in Blue Island (cities), these have remained the same in the last 6 months. The average price for September is $155,462. During October the price had a slight fall till $147,430. In the following two months the average price has remained the same with regard to the previous two months from $151,446 to $150,842.5. 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 $151,144.25 and $157,250 between January and February.
The graph displaying the average price for bedrooms illustrates that those properties with 2 bedrooms are the cheapest ones. At a price of $162,423 they are 27 % more affordable than the average price for Blue Island. The properties with the highest average price have 4 bedrooms, Their price is 2 % more costly than the average. After that we have properties with 1 bedroom priced at $153,061.
With regard to the average price per sq.feet , those properties with 1 bedroom are the cheapest ones at a cost of $55 / sq.feet, with an average $109 / sq.feet price in Blue Island. The properties with the lowest average prices have 4 bedrooms. They are 13 % cheaper than the average followed by properties with 3 bedrooms with a price at $91 / sq.feet.
The graph displaying the average prices displays the property type "House" as the most affordable one. At an cost of $162,423 it is 9 % 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 $171,411 it is 38 % 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 $46 / sq.feet followed by "Townhouse" priced at $69 / sq.feet. "House" is the cheapest type of property with a $86 / sq.feet value followed by "Townhouse" with an average price of $69 / sq.feet.