Property prices for sale in Loves Park (Illinois)
The prices in real estate in Loves Park, in the Illinois region have had a strong rise in the last couple of months. The real estate prices for second hand homes have gone through a strong increase in this city.
The price per sq.feet in Loves Park has increased strongly during the last 6 months. In October, the average price per sq.feet was $126. In November this price pretty much remained the same at a value of $121 per sq.feet. The price for the following two months in (December, January) decreased 92 % with regard to the prior two months. The price per sq.feet has had a considerable increase of 594 % 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 $118.75 to $705 during February, and March.
Based upon to the price in Loves Park (cities), these have remained the same in the last 6 months. In our first sample month during October, the average price is $198,448. In November This price remains at $203,728. During the following two months (December, January) the average price fell 93 % with regard to the previous two months. 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 $193,885.25 and $197,182.5 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 $186,257 they are 54 % more affordable than the average price for Loves Park. The properties with the highest average price have 4 bedrooms, Their price is 77 % more costly than the average. After that we have properties with 3 bedrooms priced at $190,655.
With regard to the average price per sq.feet , those properties with 1 bedroom are the cheapest ones at a cost of $97 / sq.feet, with an average $127 / sq.feet price in Loves Park. The properties with the lowest average prices have 4 bedrooms. They are 2 % cheaper than the average followed by properties with 3 bedrooms with a price at $123 / sq.feet.
The graph displaying the average prices displays the property type "" as the most affordable one. At an cost of $186,257 it is 83 % cheaper than the average price in Loves Park. "Townhouse" is seen as the second most affordable property type. The dearest property type is "Detached House" followed by "Land". At a price of $206,803 it is 19 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "Townhouse" at an average cost of $3 / sq.feet followed by "Detached House" priced at $103 / sq.feet. "Land" is the most costly type of property with a $98,464 / sq.feet cost followed by "Condo" with an average price of $121 / sq.feet.
