The prices in real estate in Highland, 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 Highland has remained the same in the last 6 months. In October, the average price per sq.feet was $1,762. In the following month the price per sq.feet increased to $2,020. The price for the following two months in (December, January) had a considerable decrease of 23 with regard to the prior two months. The price per sq.feet has had a considerable increase of 256 % 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 $1,158.25 to $2,966.5 during February, and March.
Based upon to the price in Highland (cities), these have remained the same in the last 6 months. The average price during our first sample month during October, is $251,560. During November the price went through a considerable rise reaching $296,298. During the following two months (December, January) the average price fell 93 % with regard to the previous two months. During the last two months, the average price has reduced with regard to the previous ones. To be precise it has gone down 89 %, going from $264,064.75 to $236,134 in February and March.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $220,691 they are 48 % more affordable than the average price for Highland. The properties with the highest average price have 3 bedrooms, Their price is 50 % more costly than the average. After that we have properties with 2 bedrooms priced at $330,470.
With regard to the average price per sq.feet , those properties with 1 bedroom are the cheapest ones at a cost of $81 / sq.feet, with an average $2,466 / sq.feet price in Highland. The properties with the highest average prices have 4 bedrooms. They are 43 % more expensive than the average followed by properties with 2 bedrooms with a price at $809 / sq.feet.
The graph displaying the average prices displays the property type "Land" as the most affordable one. At an cost of $220,691 it is 84 % cheaper than the average price in Highland. "Townhouse" is seen as the second most affordable property type. The dearest property type is "House" followed by "Detached House". At a price of $226,526 it is 40 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "Townhouse" at an average cost of $25 / sq.feet followed by "Detached House" priced at $112 / sq.feet. "Land" is the cheapest type of property with a $884 / sq.feet value followed by "House" with an average price of $539 / sq.feet.