The prices in real estate in New Lenox, 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 New Lenox has remained the same in the last 6 months. In July, the average price per sq.feet was $140. In the following month the price per sq.feet increased to $151. In the following two months the price per sq.feet has barely changed, going from $145.5 to $142.5 per sq.feet. 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 $144 to $141.5 during November y December
Based upon to the price in New Lenox (cities), this has fallen considerably in the last 6 months. The average price during our first sample month during July, is $549,526. During August the price went through a considerable rise reaching $660,633. During the following two months (September, October) the average price had a considerable reduction of 54 % with regard to the previous two months. During the last two months the average price has had a strong fall compared to the previous four going from $467,039.25 to $331,929.5, which means a 71 % fall.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $342,800 they are 45 % more affordable than the average price for New Lenox. The properties with the highest average price have 4 bedrooms, Their price is 16 % more costly than the average. After that we have properties with 3 bedrooms priced at $334,227.
With regard to the average price per sq.feet , those properties with 4 bedrooms are the most costly ones at a cost of $143 / sq.feet, with an average $142 / sq.feet price in New Lenox. The properties with the highest average prices have 1 bedroom. They are 20 % more expensive than the average followed by properties with 2 bedrooms with a price at $150 / sq.feet.
The graph displaying the average prices displays the property type "Condo" as the most affordable one. At an cost of $342,800 it is 49 % cheaper than the average price in New Lenox. "Townhouse" is seen as the second most affordable property type. The dearest property type is "Commercial" followed by "House". At a price of $333,479 it is 457 % 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 $110 / sq.feet followed by "Condo" priced at $132 / sq.feet. "Commercial" is the most costly type of property with a $153 / sq.feet cost followed by "House" with an average price of $144 / sq.feet.