The prices in real estate in Chicago, 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 Chicago has remained the same in the last 6 months. In August, the average price per sq.feet was $184. In the following month the price per sq.feet increased considerably to $220. The price for the following two months in (October, November) had a considerable decrease of 66 with regard to the prior two months. The price per sq.feet has had a considerable increase of 140 % 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 $167.5 to $234 during December, and January.
Based upon to the price in Chicago (cities), this has fallen considerably in the last 6 months. In our first sample month during August, the average price is $388,948. In September This price remains at $397,921. During the following two months (October, November) the average price had a considerable reduction of 56 % with regard to the previous two months. Based on an analysis of the first four prices and the last two months the average price has risen strongly 117 % during the last two months.
The graph showing the average price for bedrooms displays the property with the lowest price has 1 bedroom. It is 0 % cheaper than the average price of $390,470 in Chicago. Based on the bedrooms values, properties with the lowest prices are those with 1 bedroom. They are 0 % more affordable than the average aforementioned.
With regard to the average prices per sq.feet those properties with 1 bedroom are 0 % cheaper than the average price of ($250 / sq.feet) in Chicago. Properties with the most affordable price based upon to the number of bedrooms / sq.feet are those with 1 bedroom. They are 0 % cheaper than the average value aforementioned.
With regard to the average price based upon the property in Chicago we can see that the cheapest property type is "Condo" at a price of $390,470, they are 0 % more affordable than the average price of (!PRECIO2!). "Condo" has the lowest price. This price is 0 % more affordable than the average price aforementioned.
According to the average area cost by sq.feet the cheapest property type is "Condo with an average price of $250 / sq.feet. "Condo" with an average cost of $250 / sq.feet has the lowest price and would be directed at less affluent cities.