The prices in real estate in Geneva, in the Illinois region have had a minor fall in the last couple of months. The real estate prices for second hand homes have fallen in this city
The price per sq.feet in Geneva has fallen in the last 6 months. In March, the average price per sq.feet was $274. In the following month the price per sq.feet decreased to $252. The price for the following two months in (May, June) decreased 90 % with regard to the prior two months. 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 $250 to $241.5 during July y August
Based upon to the price in Geneva (cities), this has gone downing the last 6 months. The average price for March is $587,489. During April the price had a slight fall till $505,721. In the following two months the average price has remained the same with regard to the previous two months from $546,605 to $545,069. 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 $545,837 and $569,423 between July and August.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $537,153 they are 51 % more affordable than the average price for Geneva. The properties with the lowest average price have 4 bedrooms, Their price is 0 % cheaper than the average. After that we have properties with 3 bedrooms priced at $376,434.
With regard to the average price per sq.feet , those properties with 3 bedrooms are the cheapest ones at a cost of $159 / sq.feet, with an average $243 / sq.feet price in Geneva. The properties with the highest average prices have 1 bedroom. They are 3 % more expensive than the average followed by properties with 2 bedrooms with a price at $204 / sq.feet.
The graph displaying the average prices displays the property type "Condo" as the most affordable one. At an cost of $537,153 it is 47 % cheaper than the average price in Geneva. "Farm" is seen as the second most affordable property type. The cheapest type property is "Detached House" followed by "House". At a price of $480,938 it is 7 % more affordable than the average price.
According to the average cost per sq.feet, the cheapest property type is "Farm" at an average cost of $58 / sq.feet followed by "Townhouse" priced at $201 / sq.feet. "Land" is the most costly type of property with a $157,405 / sq.feet cost followed by "Condo" with an average price of $225 / sq.feet.