The prices in real estate in North Chicago, 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 North Chicago has increased during the last 6 months. In April, the average price per sq.feet was $85. In May this price pretty much remained the same at a value of $87 per sq.feet. In the following two months the price per sq.feet has increased 108 %, going from $86 to $93 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 $89.5 to $93 during August y September
Based upon to the price in North Chicago (cities), these have remained the same in the last 6 months. In our first sample month during April, the average price is $107,087. In May This price remains at $110,196. In the following two months the average price has remained the same with regard to the previous two months from $108,641.5 to $111,595.5. During the last two months, the average price has pretty much remained the same with regard to the previous average values going from an average value of $110,118.5 and $112,604.5 between August and September.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $110,447 they are 40 % more affordable than the average price for North Chicago. The properties with the highest average price have 3 bedrooms, Their price is 4 % more costly than the average. After that we have properties with 4 bedrooms priced at $106,392.
With regard to the average price per sq.feet , those properties with 4 bedrooms are the cheapest ones at a cost of $54 / sq.feet, with an average $90 / sq.feet price in North Chicago. The properties with the highest average prices have 2 bedrooms. They are 14 % more expensive than the average followed by properties with 3 bedrooms with a price at $92 / sq.feet.
The graph displaying the average prices displays the property type "Townhouse" as the most affordable one. At an cost of $110,447 it is 41 % cheaper than the average price in North Chicago. "House" is seen as the second most affordable property type. The dearest property type is "House" followed by "Townhouse". At a price of $65,471 it is 5 % 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 $64 / sq.feet followed by "House" priced at $85 / sq.feet. "House" is the cheapest type of property with a $85 / sq.feet value followed by "Townhouse" with an average price of $64 / sq.feet.