The prices in real estate in Oak Park, 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 Oak Park has remained the same in the last 6 months. In October, the average price per sq.feet was $215. In November this price pretty much remained the same at a value of $207 per sq.feet. In the following two months the price per sq.feet has barely changed, going from $211 to $206.5 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 $208.75 to $210.5 during February y March
Based upon to the price in Oak Park (cities), these have remained the same in the last 6 months. In our first sample month during October, the average price is $385,652. In November This price remains at $389,297. During the following two months (December, January) the average price fell 94 % 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 $375,708.75 and $383,910.5 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 $374,409 they are 67 % more affordable than the average price for Oak Park. The properties with the highest average price have 4 bedrooms, Their price is 46 % more costly than the average. After that we have properties with 3 bedrooms priced at $388,947.
With regard to the average price per sq.feet , those properties with 1 bedroom are the cheapest ones at a cost of $160 / sq.feet, with an average $210 / sq.feet price in Oak Park. The properties with the highest average prices have 4 bedrooms. They are 12 % more expensive than the average followed by properties with 3 bedrooms with a price at $221 / sq.feet.
The graph displaying the average prices displays the property type "Condo" as the most affordable one. At an cost of $374,409 it is 45 % cheaper than the average price in Oak Park. "Land" is seen as the second most affordable property type. The dearest property type is "Townhouse" followed by "House". At a price of $524,048 it is 46 % 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 $175 / sq.feet followed by "Land" priced at $199 / sq.feet. "House" is the most costly type of property with a $257 / sq.feet cost followed by "Townhouse" with an average price of $245 / sq.feet.