The prices in real estate in Cherry Valley, 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 Cherry Valley has remained the same in the last 6 months. In June, the average price per sq.feet was $109. In July this price pretty much remained the same at a value of $111 per sq.feet. In the following two months the price per sq.feet has barely changed, going from $110 to $113 per sq.feet. The price per sq.feet has decreased 92 % 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 $111.5 to $103 during October, and November.
Based upon to the price in Cherry Valley (cities), this has gone up considerably in the last 6 months. The average price during our first sample month during June, is $194,656. During July the price went through a considerable rise reaching $321,500. In the following two months the average price has remained the same with regard to the previous two months from $258,078 to $266,488.5. During the last two months, the average price has reduced with regard to the previous ones. To be precise it has gone down 87 %, going from $262,283.25 to $227,687.5 in October and November.
The graph showing the average price for bedrooms displays the property with the lowest price has 1 bedroom. It is 20 % cheaper than the average price of $172,046 in Cherry Valley. Based on the bedrooms values, properties with the lowest prices are those with 1 bedroom. They are 20 % more affordable than the average aforementioned.
With regard to the average prices per sq.feet those properties with 1 bedroom are 97 % more costly than the average price of ($189 / sq.feet) in Cherry Valley. Properties with the most expensive price based upon to the number of bedrooms / sq.feet are those with 1 bedroom. They are 97 % more costly than the average value aforementioned.
The graph displaying the average prices displays the property type "Condo" as the most affordable one. At an cost of $216,100 it is 23 % cheaper than the average price in Cherry Valley. "House" is seen as the second most affordable property type. The cheapest type property is "House" followed by "Condo". At a price of $166,866 it is 20 % more affordable than the average price.
According to the average cost per sq.feet, the cheapest property type is "Condo" at an average cost of $79 / sq.feet followed by "House" priced at $189 / sq.feet. "House" is the most costly type of property with a $189 / sq.feet cost followed by "Condo" with an average price of $79 / sq.feet.