The prices in real estate in Morton Grove, in the Illinois region have had a minor fall in the last couple of months. The real estate prices for second hand homes have fallen in this city
The price per sq.feet in Morton Grove has fallen in the last 6 months. In June, the average price per sq.feet was $205. In July this price pretty much remained the same at a value of $201 per sq.feet. The price for the following two months in (August, September) decreased 95 % with regard to the prior two months. 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 $197.75 to $192.5 during October y November
Based upon to the price in Morton Grove (cities), these have remained the same in the last 6 months. The price in June is $354,640, rising in July till $376,677. In the following two months the average price has remained the same with regard to the previous two months from $365,658.5 to $369,038.5. During the last two months, the average price has reduced with regard to the previous ones. To be precise it has gone down 94 %, going from $367,348.5 to $343,644 in October and November.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $350,879 they are 49 % more affordable than the average price for Morton Grove. The properties with the highest average price have 4 bedrooms, Their price is 10 % more costly than the average. After that we have properties with 3 bedrooms priced at $341,519.
With regard to the average price per sq.feet , those properties with 2 bedrooms are the cheapest ones at a cost of $159 / sq.feet, with an average $192 / sq.feet price in Morton Grove. The properties with the highest average prices have 3 bedrooms. They are 14 % more expensive than the average followed by properties with 1 bedroom with a price at $189 / sq.feet.
The graph displaying the average prices displays the property type "Condo" as the most affordable one. At an cost of $350,879 it is 38 % cheaper than the average price in Morton Grove. "Farm" is seen as the second most affordable property type. The dearest property type is "House" followed by "Townhouse". At a price of $368,000 it is 9 % 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 $131 / sq.feet followed by "Condo" priced at $156 / sq.feet. "House" is the most costly type of property with a $200 / sq.feet cost followed by "Townhouse" with an average price of $178 / sq.feet.