The prices in real estate in Lake Forest, 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 Forest has remained the same in the last 6 months. In October, the average price per sq.feet was $390. In November this price pretty much remained the same at a value of $390 per sq.feet. In the following two months the price per sq.feet has barely changed, going from $390 to $396 per sq.feet. The price per sq.feet has barely changed in the last two months compared to the average price of the previous four months going from an average price of $393 to $384.5 during February y March
Based upon to the price in Lake Forest (cities), these have remained the same in the last 6 months. The average price for October is $1,670,625. During November the price had a slight fall till $1,539,638. In the following two months the average price has remained the same with regard to the previous two months from $1,605,131.5 to $1,583,684. 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 $1,594,407.75 and $1,625,114.5 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 $1,674,803 they are 86 % more affordable than the average price for Lake Forest. The properties with the lowest average price have 4 bedrooms, Their price is 25 % cheaper than the average. After that we have properties with 3 bedrooms priced at $1,095,044.
With regard to the average price per sq.feet , those properties with 1 bedroom are the cheapest ones at a cost of $219 / sq.feet, with an average $385 / sq.feet price in Lake Forest. The properties with the highest average prices have 3 bedrooms. They are 4 % more expensive than the average followed by properties with 4 bedrooms with a price at $364 / sq.feet.
The graph displaying the average prices displays the property type "House" as the most affordable one. At an cost of $1,674,803 it is 78 % cheaper than the average price in Lake Forest. "Condo" is seen as the second most affordable property type. The cheapest type property is "Apartment" followed by "Detached House". At a price of $718,496 it is 19 % more affordable than the average price.
According to the average cost per sq.feet, the cheapest property type is "Commercial Property" at an average cost of $118 / sq.feet followed by "Office" priced at $119 / sq.feet. "Apartment" is the cheapest type of property with a $354 / sq.feet value followed by "Detached House" with an average price of $247 / sq.feet.