Property prices for sale in Crest Hill (Illinois)
The prices in real estate in Crest Hill, in the Illinois region have had a strong rise in the last couple of months. The real estate prices for second hand homes have gone through a strong increase in this city.
The price per sq.feet in Crest Hill has increased strongly during the last 6 months. In November, the average price per sq.feet was $170. In December this price pretty much remained the same at a value of $163 per sq.feet. The price for the following two months in (January, February) had a considerable increment of 401 %. The price per sq.feet has had a considerable deflation of 43 % 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 $416.75 to $177.5 during March, and April.
Based upon to the price in Crest Hill (cities), these have remained the same in the last 6 months. In our first sample month during November, the average price is $257,516. In December This price remains at $258,739. In the following two months the average price has remained the same with regard to the previous two months from $258,127.5 to $253,999.5. Based on an analysis of the first four prices and the last two months the average price has gone up 107 % during the last two months.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $288,416 they are 74 % more affordable than the average price for Crest Hill. The properties with the lowest average price have 4 bedrooms, Their price is 7 % cheaper than the average. After that we have properties with 3 bedrooms priced at $212,725.
With regard to the average price per sq.feet , those properties with 1 bedroom are the cheapest ones at a cost of $73 / sq.feet, with an average $176 / sq.feet price in Crest Hill. The properties with the lowest average prices have 2 bedrooms. They are 26 % cheaper than the average followed by properties with 4 bedrooms with a price at $121 / sq.feet.
The graph displaying the average prices displays the property type "Duplex" as the most affordable one. At an cost of $288,416 it is 66 % cheaper than the average price in Crest Hill. "House" is seen as the second most affordable property type. The cheapest type property is "Apartment" followed by "Condo". At a price of $226,706 it is 13 % more affordable than the average price.
According to the average cost per sq.feet, the cheapest property type is "Duplex" at an average cost of $60 / sq.feet followed by "House" priced at $144 / sq.feet. "Apartment" is the cheapest type of property with a $162 / sq.feet value followed by "Condo" with an average price of $151 / sq.feet.
