The prices in real estate in Naperville, in the Illinois region have had a minor rise in the last couple of months. The real estate prices for second hand homes have risen in this city.
The price per sq.feet in Naperville has increased during the last 6 months. In May, the average price per sq.feet was $169. In June this price pretty much remained the same at a value of $171 per sq.feet. The price for the following two months in (July, August) had a considerable increment of 124 %. The price per sq.feet has decreased 93 % 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 $190.75 to $176.5 during September, and October.
Based upon to the price in Naperville (cities), this has gone downing the last 6 months. In our first sample month during May, the average price is $503,120. In June This price remains at $506,562. During the following two months (July, August) the average price fell 95 % with regard to the previous two months. During the last two months, the average price has reduced with regard to the previous ones. To be precise it has gone down 92 %, going from $492,163.5 to $453,803 in September and October.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $443,298 they are 74 % more affordable than the average price for Naperville. The properties with the highest average price have 4 bedrooms, Their price is 21 % more costly than the average. After that we have properties with 3 bedrooms priced at $364,322.
With regard to the average price per sq.feet , those properties with 1 bedroom are the cheapest ones at a cost of $145 / sq.feet, with an average $177 / sq.feet price in Naperville. The properties with the highest average prices have 3 bedrooms. They are 6 % more expensive than the average followed by properties with 4 bedrooms with a price at $176 / sq.feet.
The graph displaying the average prices displays the property type "Condo" as the most affordable one. At an cost of $443,298 it is 31 % cheaper than the average price in Naperville. "Townhouse" is seen as the second most affordable property type. The dearest property type is "House" followed by "Detached House". At a price of $509,051 it is 21 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "Office" at an average cost of $165 / sq.feet followed by "Townhouse" priced at $166 / sq.feet. "House" is the most costly type of property with a $183 / sq.feet cost followed by "Condo" with an average price of $182 / sq.feet.