The prices in real estate in Harvard, in the Illinois region have had a strong rise in the last couple of months. The real estate prices for second hand homes have gone through a strong increase in this city.
The price per sq.feet in Harvard has increased strongly during the last 6 months. In October, the average price per sq.feet was $151. In the following month the price per sq.feet increased considerably to $866. The price for the following two months in (December, January) had a considerable increment of 119 %. The price per sq.feet has had a considerable increase of 416 % 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 $558 to $2,319 during February, and March.
Based upon to the price in Harvard (cities), these have remained the same in the last 6 months. The average price for October is $323,407. During November the price had a slight fall till $287,778. In the following two months the average price has remained the same with regard to the previous two months from $305,592.5 to $298,651. Based on an analysis of the first four prices and the last two months the average price has risen strongly 115 % 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 $368,906 they are 82 % more affordable than the average price for Harvard. The properties with the highest average price have 4 bedrooms, Their price is 63 % more costly than the average. After that we have properties with 3 bedrooms priced at $235,483.
With regard to the average price per sq.feet , those properties with 1 bedroom are the cheapest ones at a cost of $67 / sq.feet, with an average $2,456 / sq.feet price in Harvard. The properties with the lowest average prices have 4 bedrooms. They are 93 % cheaper than the average followed by properties with 3 bedrooms with a price at $137 / sq.feet.
The graph displaying the average prices displays the property type "Condo" as the most affordable one. At an cost of $368,906 it is 59 % cheaper than the average price in Harvard. "House" is seen as the second most affordable property type. The cheapest type property is "House" followed by "Condo". At a price of $150,520 it is 9 % more affordable than the average price.
According to the average cost per sq.feet, the cheapest property type is "Condo" at an average cost of $3 / sq.feet followed by "House" priced at $144 / sq.feet. "House" is the cheapest type of property with a $144 / sq.feet value followed by "Condo" with an average price of $3 / sq.feet.