The prices in real estate in Franklin Park, 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 Franklin Park has remained the same in the last 6 months. In March, the average price per sq.feet was $170. In April this price pretty much remained the same at a value of $172 per sq.feet. In the following two months the price per sq.feet has barely changed, going from $171 to $177 per sq.feet. The price per sq.feet has barely changed in the last two months compared to the average price of the previous four months going from an average price of $174 to $168 during July y August
Based upon to the price in Franklin Park (cities), this has gone up considerably in the last 6 months. In our first sample month during March, the average price is $226,786. In April This price remains at $225,602. During the following two months (May, June) the average price had a considerable increase of 126 % 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 displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $308,271 they are 60 % more affordable than the average price for Franklin Park. The properties with the lowest average price have 4 bedrooms, Their price is 23 % cheaper than the average. After that we have properties with 3 bedrooms priced at $232,617.
With regard to the average price per sq.feet , those properties with 2 bedrooms are the cheapest ones at a cost of $130 / sq.feet, with an average $184 / sq.feet price in Franklin Park. The properties with the lowest average prices have 3 bedrooms. They are 9 % cheaper than the average followed by properties with 1 bedroom with a price at $163 / sq.feet.
The graph displaying the average prices displays the property type "House" as the most affordable one. At an cost of $308,271 it is 26 % cheaper than the average price in Franklin Park. "Commercial" is seen as the second most affordable property type. The cheapest type property is "Commercial" followed by "House". At a price of $228,728 it is 18 % more affordable than the average price.
According to the average cost per sq.feet, the cheapest property type is "Commercial" at an average cost of $150 / sq.feet followed by "House" priced at $154 / sq.feet. "House" is the cheapest type of property with a $154 / sq.feet value followed by "Commercial" with an average price of $150 / sq.feet.