The prices in real estate in Geneva, 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 Geneva has increased during the last 6 months. In October, the average price per sq.feet was $175. In November this price pretty much remained the same at a value of $178 per sq.feet. In the following two months the price per sq.feet has increased 107 %, going from $176.5 to $189.5 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 $183 to $184.5 during February y March
Based upon to the price in Geneva (cities), these have remained the same in the last 6 months. In our first sample month during October, the average price is $437,382. In November This price remains at $431,672. During the following two months (December, January) the price has had an average incrementation from $434,527 to $484,431.5. During the last two months, the average price has pretty much remained the same with regard to the previous average values going from an average value of $459,479.25 and $438,927 between February and March.
The graph displaying the average price for bedrooms illustrates that those properties with 2 bedrooms are the cheapest ones. At a price of $427,185 they are 33 % more affordable than the average price for Geneva. The properties with the highest average price have 4 bedrooms, Their price is 5 % more costly than the average. After that we have properties with 3 bedrooms priced at $369,651.
With regard to the average price per sq.feet , those properties with 4 bedrooms are the cheapest ones at a cost of $160 / sq.feet, with an average $185 / sq.feet price in Geneva. The properties with the highest average prices have 1 bedroom. They are 19 % more expensive than the average followed by properties with 2 bedrooms with a price at $195 / sq.feet.
The graph displaying the average prices displays the property type "Commercial" as the most affordable one. At an cost of $427,185 it is 40 % cheaper than the average price in Geneva. "Condo" is seen as the second most affordable property type. The dearest property type is "House" followed by "Farm". At a price of $335,860 it is 6 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "Commercial" at an average cost of $54 / sq.feet followed by "Duplex" priced at $96 / sq.feet. "House" is the cheapest type of property with a $178 / sq.feet value followed by "Condo" with an average price of $164 / sq.feet.