Property prices for sale in Normal (Illinois)
The prices in real estate in Normal, 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 Normal has remained the same in the last 6 months. In October, the average price per sq.feet was $125. In November this price pretty much remained the same at a value of $124 per sq.feet. In the following two months the price per sq.feet has barely changed, going from $124.5 to $129.5 per sq.feet. The price per sq.feet has increased 106 % 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 $127 to $135 during February, and March.
Based upon to the price in Normal (cities), this has gone up considerably in the last 6 months. The price in October is $280,031, rising in November till $305,209. During the following two months (December, January) the average price had a considerable increase of 118 % 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 106 % 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 $331,936 they are 70 % more affordable than the average price for Normal. The properties with the highest average price have 4 bedrooms, Their price is 14 % more costly than the average. After that we have properties with 3 bedrooms priced at $282,900.
With regard to the average price per sq.feet , those properties with 1 bedroom are the cheapest ones at a cost of $91 / sq.feet, with an average $123 / sq.feet price in Normal. The properties with the highest average prices have 3 bedrooms. They are 4 % more expensive than the average followed by properties with 2 bedrooms with a price at $117 / sq.feet.
The graph displaying the average prices displays the property type "House" as the most affordable one. At an cost of $331,936 it is 60 % cheaper than the average price in Normal. "Condo" is seen as the second most affordable property type. The cheapest type property is "Apartment" followed by "Detached House". At a price of $247,684 it is 1 % more affordable than the average price.
According to the average cost per sq.feet, the cheapest property type is "Condo" at an average cost of $111 / sq.feet followed by "Detached House" priced at $122 / sq.feet. "House" is the most costly type of property with a $3,282 / sq.feet cost followed by "Apartment" with an average price of $124 / sq.feet.
