The prices in real estate in Highwood, 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 Highwood has increased during the last 6 months. In July, the average price per sq.feet was $167. In the following month the price per sq.feet increased to $184. In the following two months the price per sq.feet has barely changed, going from $175.5 to $183.5 per sq.feet. The price per sq.feet has increased 109 % 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 $179.5 to $196 during November, and December.
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 July, is $372,792. During August the price went through a considerable rise reaching $503,250. In the following two months the average price has remained the same with regard to the previous two months from $438,021 to $437,805.5. During the last two months, the average price has reduced with regard to the previous ones. To be precise it has gone down 91 %, going from $437,913.25 to $397,223.5 in November and December.
The graph displaying the average price for bedrooms illustrates that those properties with 4 bedrooms are the most costly ones. At a price of $362,370 they are 10 % more expensive than the average price for Highwood. Following this ranking we find those properties with 3 at an average price of $401,294. The properties with the highest average price have 1 bedroom, Their price is 35 % more costly than the average. After that we have properties with 3 bedrooms priced at $401,294.
With regard to the average price per sq.feet , those properties with 4 bedrooms are the cheapest ones at a cost of $174 / sq.feet, with an average $193 / sq.feet price in Highwood. The properties with the highest average prices have 1 bedroom. They are 7 % more expensive than the average followed by properties with 3 bedrooms with a price at $179 / sq.feet.
The graph displaying the average prices displays the property type "Condo" as the most affordable one. At an cost of $362,370 it is 27 % 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 $266,050 it is 10 % 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 $49 / sq.feet followed by "House" priced at $55 / sq.feet. "Townhouse" is the cheapest type of property with a $174 / sq.feet value followed by "House" with an average price of $55 / sq.feet.