The prices in real estate in Elmhurst, 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 Elmhurst has remained the same in the last 6 months. In March, the average price per sq.feet was $343. In April this price pretty much remained the same at a value of $355 per sq.feet. In the following two months the price per sq.feet has barely changed, going from $349 to $344 per sq.feet. The price per sq.feet has decreased 94 % 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 $346.5 to $324 during July, and August.
Based upon to the price in Elmhurst (cities), these have remained the same in the last 6 months. The price in March is $1,036,276, rising in April till $1,145,956. In the following two months the average price has remained the same with regard to the previous two months from $1,091,116 to $1,072,048.5. During the last two months the average price has had a strong fall compared to the previous four going from $1,081,582.25 to $826,617, which means a 76 % fall.
The graph displaying the average price for bedrooms illustrates that those properties with 2 bedrooms are the cheapest ones. At a price of $761,389 they are 52 % more affordable than the average price for Elmhurst. The properties with the highest average price have 4 bedrooms, Their price is 39 % more costly than the average. After that we have properties with 3 bedrooms priced at $503,673.
With regard to the average price per sq.feet , those properties with 2 bedrooms are the cheapest ones at a cost of $287 / sq.feet, with an average $326 / sq.feet price in Elmhurst. The properties with the highest average prices have 1 bedroom. They are 149 % more expensive than the average followed by properties with 4 bedrooms with a price at $370 / sq.feet.
The graph displaying the average prices displays the property type "Condo" as the most affordable one. At an cost of $761,389 it is 62 % cheaper than the average price in Elmhurst. "Townhouse" is seen as the second most affordable property type. The dearest property type is "House" followed by "Apartment". At a price of $585,639 it is 11 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "Apartment" at an average cost of $166 / sq.feet followed by "Condo" priced at $249 / sq.feet. "House" is the most costly type of property with a $337 / sq.feet cost followed by "Townhouse" with an average price of $276 / sq.feet.