Property prices for sale in Oak Brook (Illinois)
The prices in real estate in Oak Brook, in the Illinois region have had a strong rise in the last couple of months. The real estate prices for second hand homes have gone through a strong increase in this city.
The price per sq.feet in Oak Brook has increased strongly during the last 6 months. In November, the average price per sq.feet was $17,604. In the following month the price per sq.feet decreased considerably to $305. The price for the following two months in (January, February) had a considerable increment of 696 %. The price per sq.feet has had a considerable increase of 129 % 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 $35,630.75 to $45,981 during March, and April.
Based upon to the price in Oak Brook (cities), these have remained the same in the last 6 months. The average price for November is $1,174,755. During December the price had a slight fall till $1,066,372. During the following two months (January, February) the average price had a considerable increase of 115 % with regard to the previous two months. 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 $1,206,542 and $1,166,506.5 between March and April.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $1,105,655 they are 85 % more affordable than the average price for Oak Brook. The properties with the highest average price have 4 bedrooms, Their price is 13 % more costly than the average. After that we have properties with 3 bedrooms priced at $621,280.
With regard to the average price per sq.feet , those properties with 1 bedroom are the cheapest ones at a cost of $204 / sq.feet, with an average $304 / sq.feet price in Oak Brook. The properties with the highest average prices have 4 bedrooms. They are 1 % more expensive than the average followed by properties with 2 bedrooms with a price at $283 / sq.feet.
The graph displaying the average prices displays the property type "Condo" as the most affordable one. At an cost of $1,105,655 it is 69 % cheaper than the average price in Oak Brook. "Townhouse" is seen as the second most affordable property type. The dearest property type is "Land" followed by "House". At a price of $1,390,941 it is 39 % 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 $227 / sq.feet followed by "Townhouse" priced at $297 / sq.feet. "Land" is the most costly type of property with a $975,870 / sq.feet cost followed by "House" with an average price of $300 / sq.feet.
