Property prices for sale in Mount Prospect (Illinois)
The prices in real estate in Mount Prospect, 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 Mount Prospect has fallen in the last 6 months. In October, the average price per sq.feet was $258. In the following month the price per sq.feet decreased to $242. The price for the following two months in (December, January) decreased 91 % 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 $239.25 to $246 during February y March
Based upon to the price in Mount Prospect (cities), these have remained the same in the last 6 months. In our first sample month during October, the average price is $382,840. In November This price remains at $387,503. During the following two months (December, January) the average price fell 89 % 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 107 % 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 $405,618 they are 54 % more affordable than the average price for Mount Prospect. The properties with the highest average price have 4 bedrooms, Their price is 41 % more costly than the average. After that we have properties with 3 bedrooms priced at $406,521.
With regard to the average price per sq.feet , those properties with 2 bedrooms are the cheapest ones at a cost of $203 / sq.feet, with an average $248 / sq.feet price in Mount Prospect. The properties with the highest average prices have 4 bedrooms. They are 7 % more expensive than the average followed by properties with 3 bedrooms with a price at $259 / sq.feet.
The graph displaying the average prices displays the property type "Commercial Property" as the most affordable one. At an cost of $405,618 it is 44 % cheaper than the average price in Mount Prospect. "Condo" is seen as the second most affordable property type. The dearest property type is "House" followed by "Apartment". At a price of $264,980 it is 17 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "Commercial Property" at an average cost of $122 / sq.feet followed by "Condo" priced at $200 / sq.feet. "House" is the most costly type of property with a $265 / sq.feet cost followed by "Apartment" with an average price of $210 / sq.feet.
