The prices in real estate in Northbrook, 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 Northbrook has remained the same in the last 6 months. In October, the average price per sq.feet was $222. In the following month the price per sq.feet decreased to $210. In the following two months the price per sq.feet has barely changed, going from $216 to $223.5 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 $219.75 to $233 during February, and March.
Based upon to the price in Northbrook (cities), this has gone up considerably in the last 6 months. The average price during our first sample month during October, is $534,452. During November the price went through a considerable rise reaching $645,336. During the following two months (December, January) the price has had an average incrementation from $589,894 to $648,772. 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 $619,333 and $612,767.5 between February and March.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $636,996 they are 76 % more affordable than the average price for Northbrook. The properties with the lowest average price have 4 bedrooms, Their price is 5 % cheaper than the average. After that we have properties with 3 bedrooms priced at $446,820.
With regard to the average price per sq.feet , those properties with 1 bedroom are the cheapest ones at a cost of $152 / sq.feet, with an average $232 / sq.feet price in Northbrook. The properties with the highest average prices have 3 bedrooms. They are 0 % more expensive than the average followed by properties with 4 bedrooms with a price at $227 / sq.feet.
The graph displaying the average prices displays the property type "Condo" as the most affordable one. At an cost of $636,996 it is 46 % cheaper than the average price in Northbrook. "Townhouse" is seen as the second most affordable property type. The dearest property type is "House" followed by "Detached House". At a price of $609,987 it is 23 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "Condo" at an average cost of $201 / sq.feet followed by "Townhouse" priced at $203 / sq.feet. "House" is the cheapest type of property with a $215 / sq.feet value followed by "Detached House" with an average price of $207 / sq.feet.