The prices in real estate in Channahon, 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 Channahon has increased during the last 6 months. In July, the average price per sq.feet was $133. In August this price pretty much remained the same at a value of $135 per sq.feet. In the following two months the price per sq.feet has increased 105 %, going from $134 to $141 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 $137.5 to $146 during November, and December.
Based upon to the price in Channahon (cities), these have remained the same in the last 6 months. In our first sample month during July, the average price is $311,839. In August This price remains at $322,921. In the following two months the average price has remained the same with regard to the previous two months from $317,380 to $315,405.5. 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 $316,392.75 and $319,217 between November and December.
The graph displaying the average price for bedrooms illustrates that those properties with 2 bedrooms are the cheapest ones. At a price of $322,842 they are 34 % more affordable than the average price for Channahon. The properties with the lowest average price have 4 bedrooms, Their price is 10 % cheaper than the average. After that we have properties with 3 bedrooms priced at $265,229.
With regard to the average price per sq.feet , those properties with 1 bedroom are the cheapest ones at a cost of $100 / sq.feet, with an average $148 / sq.feet price in Channahon. The properties with the lowest average prices have 3 bedrooms. They are 18 % cheaper than the average followed by properties with 2 bedrooms with a price at $115 / sq.feet.
The graph displaying the average prices displays the property type "Commercial Property" as the most affordable one. At an cost of $322,842 it is 29 % cheaper than the average price in Channahon. "House" is seen as the second most affordable property type. The cheapest type property is "Condo" followed by "House". At a price of $265,937 it is 13 % more affordable than the average price.
According to the average cost per sq.feet, the cheapest property type is "Commercial Property" at an average cost of $75 / sq.feet followed by "Condo" priced at $98 / sq.feet. "House" is the cheapest type of property with a $102 / sq.feet value followed by "Condo" with an average price of $98 / sq.feet.