The prices in real estate in Lake Bluff, 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 Lake Bluff has remained the same in the last 6 months. In April, the average price per sq.feet was $249. In May this price pretty much remained the same at a value of $256 per sq.feet. In the following two months the price per sq.feet has barely changed, going from $252.5 to $262 per sq.feet. The price per sq.feet has decreased 94 % 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 $257.25 to $242.5 during August, and September.
Based upon to the price in Lake Bluff (cities), this has gone up considerably in the last 6 months. The price in April is $763,247, rising in May till $873,794. During the following two months (June, July) the average price had a considerable increase of 142 % 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 $989,945 to $759,274, which means a 77 % fall.
The graph displaying the average price for bedrooms illustrates that those properties with 2 bedrooms are the cheapest ones. At a price of $690,819 they are 57 % more affordable than the average price for Lake Bluff. The properties with the highest average price have 1 bedroom, Their price is 238 % more costly than the average. After that we have properties with 4 bedrooms priced at $676,560.
With regard to the average price per sq.feet , those properties with 2 bedrooms are the cheapest ones at a cost of $177 / sq.feet, with an average $236 / sq.feet price in Lake Bluff. The properties with the highest average prices have 1 bedroom. They are 1057 % more expensive than the average followed by properties with 4 bedrooms with a price at $233 / sq.feet.
The graph displaying the average prices displays the property type "Commercial Property" as the most affordable one. At an cost of $690,819 it is 30 % cheaper than the average price in Lake Bluff. "Townhouse" is seen as the second most affordable property type. The dearest property type is "House" followed by "Condo". At a price of $664,958 it is 316 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "Commercial Property" at an average cost of $184 / sq.feet followed by "Townhouse" priced at $190 / sq.feet. "House" is the most costly type of property with a $3,351 / sq.feet cost followed by "Condo" with an average price of $349 / sq.feet.