The prices in real estate in Bridgeview, in the Illinois region have had a minor fall in the last couple of months. The real estate prices for second hand homes have fallen in this city
The price per sq.feet in Bridgeview has fallen in the last 6 months. In October, the average price per sq.feet was $196. In the following month the price per sq.feet decreased to $176. In the following two months the price per sq.feet has increased 106 %, going from $186 to $196.5 per sq.feet. The price per sq.feet has decreased 93 % 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 $191.25 to $177 during February, and March.
Based upon to the price in Bridgeview (cities), this has gone downing the last 6 months. In our first sample month during October, the average price is $305,800. In November This price remains at $306,933. In the following two months the average price has remained the same with regard to the previous two months from $306,366.5 to $298,710. During the last two months, the average price has reduced with regard to the previous ones. To be precise it has gone down 90 %, going from $302,538.25 to $271,133.5 in February and March.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $273,282 they are 27 % more affordable than the average price for Bridgeview. The properties with the highest average price have 4 bedrooms, Their price is 16 % more costly than the average. After that we have properties with 3 bedrooms priced at $263,900.
With regard to the average price per sq.feet , those properties with 3 bedrooms are the cheapest ones at a cost of $116 / sq.feet, with an average $176 / sq.feet price in Bridgeview. The properties with the highest average prices have 1 bedroom. They are 22 % more expensive than the average followed by properties with 2 bedrooms with a price at $165 / sq.feet.
The graph displaying the average prices displays the property type "Apartment" as the most affordable one. At an cost of $273,282 it is 46 % cheaper than the average price in Bridgeview. "House" is seen as the second most affordable property type. The dearest property type is "Townhouse" followed by "House". At a price of $291,700 it is 11 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "Apartment" at an average cost of $142 / sq.feet followed by "Townhouse" priced at $152 / sq.feet. "House" is the most costly type of property with a $177 / sq.feet cost followed by "Townhouse" with an average price of $152 / sq.feet.