The prices in real estate in Highwood, 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 Highwood has remained the same in the last 6 months. In February, the average price per sq.feet was $197. In March this price pretty much remained the same at a value of $200 per sq.feet. In the following two months the price per sq.feet has increased 110 %, going from $198.5 to $217.5 per sq.feet. The price per sq.feet has had a considerable deflation of 85 % 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 $208 to $176 during June, and July.
Based upon to the price in Highwood (cities), this has gone up considerably in the last 6 months. The average price during our first sample month during February, is $394,289. During March the price went through a considerable rise reaching $503,422. During the following two months (April, May) the average price had a considerable increase of 120 % with regard to the previous two months. During the last two months the average price has had a strong fall compared to the previous four going from $493,503 to $388,105.5, which means a 79 % fall.
The graph displaying the average price for bedrooms illustrates that those properties with 4 bedrooms are the most costly ones. At a price of $372,792 they are 8 % more expensive than the average price for Highwood. Following this ranking we find those properties with 3 at an average price of $403,309. The properties with the highest average price have 1 bedroom, Their price is 31 % more costly than the average. After that we have properties with 3 bedrooms priced at $403,309.
With regard to the average price per sq.feet , those properties with 4 bedrooms are the most costly ones at a cost of $179 / sq.feet, with an average $167 / sq.feet price in Highwood. The properties with the highest average prices have 1 bedroom. They are 23 % more expensive than the average followed by properties with 3 bedrooms with a price at $184 / sq.feet.
The graph displaying the average prices displays the property type "Condo" as the most affordable one. At an cost of $372,792 it is 29 % cheaper than the average price in Highwood. "House" is seen as the second most affordable property type. The dearest property type is "Townhouse" followed by "House". At a price of $267,387 it is 8 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "Condo" at an average cost of $54 / sq.feet followed by "House" priced at $60 / sq.feet. "Townhouse" is the most costly type of property with a $179 / sq.feet cost followed by "House" with an average price of $60 / sq.feet.