Property prices for sale in Elk Grove Village (Illinois)
The prices in real estate in Elk Grove Village, 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 Elk Grove Village has increased during the last 6 months. In October, the average price per sq.feet was $219. In November this price pretty much remained the same at a value of $226 per sq.feet. In the following two months the price per sq.feet has barely changed, going from $222.5 to $229 per sq.feet. The price per sq.feet has increased 109 % 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 $225.75 to $246 during February, and March.
Based upon to the price in Elk Grove Village (cities), this has gone up in the last 6 months. In our first sample month during October, the average price is $359,644. In November This price remains at $361,636. In the following two months the average price has remained the same with regard to the previous two months from $360,640 to $351,728.5. Based on an analysis of the first four prices and the last two months the average price has risen strongly 118 % 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 $420,571 they are 67 % more affordable than the average price for Elk Grove Village. The properties with the highest average price have 4 bedrooms, Their price is 2 % more costly than the average. After that we have properties with 3 bedrooms priced at $369,252.
With regard to the average price per sq.feet , those properties with 1 bedroom are the cheapest ones at a cost of $132 / sq.feet, with an average $248 / sq.feet price in Elk Grove Village. The properties with the lowest average prices have 3 bedrooms. They are 5 % cheaper than the average followed by properties with 4 bedrooms with a price at $216 / sq.feet.
The graph displaying the average prices displays the property type "Condo" as the most affordable one. At an cost of $420,571 it is 47 % cheaper than the average price in Elk Grove Village. "Townhouse" is seen as the second most affordable property type. The cheapest type property is "Detached House" followed by "House". At a price of $397,194 it is 5 % more affordable than the average price.
According to the average cost per sq.feet, the cheapest property type is "Townhouse" at an average cost of $192 / sq.feet followed by "Condo" priced at $200 / sq.feet. "House" is the cheapest type of property with a $231 / sq.feet value followed by "Detached House" with an average price of $227 / sq.feet.
