Property prices for sale in Hoffman Estates (Illinois)
The prices in real estate in Hoffman Estates, 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 Hoffman Estates has remained the same in the last 6 months. In October, the average price per sq.feet was $204. In November 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 barely changed, going from $202 to $197.5 per sq.feet. The price per sq.feet has increased 105 % 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 $199.75 to $210.5 during February, and March.
Based upon to the price in Hoffman Estates (cities), this has gone downing the last 6 months. The average price for October is $416,991. During November the price had a slight fall till $372,854. In the following two months the average price has remained the same with regard to the previous two months from $394,922.5 to $379,227. 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 $387,074.75 and $388,727.5 between 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 $394,056 they are 57 % more affordable than the average price for Hoffman Estates. The properties with the highest average price have 4 bedrooms, Their price is 29 % more costly than the average. After that we have properties with 3 bedrooms priced at $390,768.
With regard to the average price per sq.feet , those properties with 2 bedrooms are the cheapest ones at a cost of $201 / sq.feet, with an average $213 / sq.feet price in Hoffman Estates. The properties with the highest average prices have 3 bedrooms. They are 11 % more expensive than the average followed by properties with 4 bedrooms with a price at $207 / sq.feet.
The graph displaying the average prices displays the property type "Condo" as the most affordable one. At an cost of $394,056 it is 54 % cheaper than the average price in Hoffman Estates. "Triplex" is seen as the second most affordable property type. The dearest property type is "House" followed by "Townhouse". At a price of $316,325 it is 14 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "Triplex" at an average cost of $97 / sq.feet followed by "Condo" priced at $191 / sq.feet. "House" is the most costly type of property with a $216 / sq.feet cost followed by "Townhouse" with an average price of $205 / sq.feet.
