The prices in real estate in Lombard, 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 Lombard has remained the same in the last 6 months. In October, the average price per sq.feet was $174. In November this price pretty much remained the same at a value of $174 per sq.feet. In the following two months the price per sq.feet has barely changed, going from $174 to $176 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 $175 to $191.5 during February, and March.
Based upon to the price in Lombard (cities), this has gone up in the last 6 months. The price in October is $266,877, rising in November till $285,329. During the following two months (December, January) the average price fell 93 % with regard to the previous two months. Based on an analysis of the first four prices and the last two months the average price has gone up 115 % during the last two months.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $305,647 they are 62 % more affordable than the average price for Lombard. The properties with the highest average price have 4 bedrooms, Their price is 49 % more costly than the average. After that we have properties with 3 bedrooms priced at $297,164.
With regard to the average price per sq.feet , those properties with 1 bedroom are the cheapest ones at a cost of $141 / sq.feet, with an average $189 / sq.feet price in Lombard. The properties with the highest average prices have 3 bedrooms. They are 14 % 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 $305,647 it is 35 % cheaper than the average price in Lombard. "Detached House" is seen as the second most affordable property type. The dearest property type is "House" followed by "Duplex". At a price of $304,007 it is 21 % 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 $153 / sq.feet followed by "Apartment" priced at $166 / sq.feet. "Detached House" is the most costly type of property with a $288 / sq.feet cost followed by "House" with an average price of $204 / sq.feet.