Property prices for sale in Morton Grove (Illinois)
The prices in real estate in Morton Grove, 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 Morton Grove has remained the same in the last 6 months. In October, the average price per sq.feet was $247. In November this price pretty much remained the same at a value of $243 per sq.feet. In the following two months the price per sq.feet has barely changed, going from $245 to $236 per sq.feet. The price per sq.feet has increased 111 % 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 $240.5 to $266 during February, and March.
Based upon to the price in Morton Grove (cities), these have remained the same in the last 6 months. In our first sample month during October, the average price is $431,248. In November This price remains at $426,938. In the following two months the average price has remained the same with regard to the previous two months from $429,093 to $442,009. Based on an analysis of the first four prices and the last two months the average price has gone up 109 % 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 $494,319 they are 44 % more affordable than the average price for Morton Grove. The properties with the lowest average price have 3 bedrooms, Their price is 6 % cheaper than the average. After that we have properties with 4 bedrooms priced at $450,497.
With regard to the average price per sq.feet , those properties with 1 bedroom are the cheapest ones at a cost of $159 / sq.feet, with an average $264 / sq.feet price in Morton Grove. The properties with the lowest average prices have 3 bedrooms. They are 2 % cheaper than the average followed by properties with 2 bedrooms with a price at $254 / sq.feet.
The graph displaying the average prices displays the property type "Condo" as the most affordable one. At an cost of $494,319 it is 63 % cheaper than the average price in Morton Grove. "Farm" is seen as the second most affordable property type. The dearest property type is "Townhouse" followed by "Detached House". At a price of $522,153 it is 93 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "Farm" at an average cost of $79 / sq.feet followed by "Condo" priced at $163 / sq.feet. "Townhouse" is the most costly type of property with a $494 / sq.feet cost followed by "Detached House" with an average price of $253 / sq.feet.
