The prices in real estate in Oakwood, in the Illinois region have had a strong fall in the last couple of months. The real estate prices for second hand homes have gone through a strong fall in this city.
The price per sq.feet in Oakwood has had a strong decrease during the last 6 months. In January, the average price per sq.feet was $72. In the following month the price per sq.feet decreased to $65. The price for the following two months in (March, April) decreased 91 % with regard to the prior two months. The price per sq.feet has had a considerable deflation of 56 % 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 $65.5 to $36.5 during May, and June.
Based upon to the price in Oakwood (cities), this has fallen considerably in the last 6 months. In our first sample month during January, the average price is $167,400. In February This price remains at $164,913. During the following two months (March, April) the price has had an average incrementation from $166,156.5 to $179,530. During the last two months the average price has had a strong fall compared to the previous four going from $172,843.25 to $47,685, which means a 28 % fall.
The graph showing the average price for bedrooms displays the property with the most expensive price has 1 bedroom. It is 279 % more costly than the average price of $233,790 in Oakwood. Based on the bedrooms values, properties with the highest prices are those with 1 bedroom. They are 279 % more expensive than the average aforementioned.
With regard to the average prices per sq.feet those properties with 1 bedroom are 74 % more costly than the average price of ($73 / sq.feet) in Oakwood. Properties with the most expensive price based upon to the number of bedrooms / sq.feet are those with 1 bedroom. They are 74 % more costly than the average value aforementioned.
With regard to the average price based upon the property in Oakwood we can see that most expensive property type is "House" at a price of $233,790, they are 279 % more costly than the average price of (!PRECIO2!). "House" has the highest price. This price is 279 % more expensive than the average price aforementioned.
According to the average area price by sq.feet the most costly property type is "House with an average price of $73 / sq.feet. "House" at an average price of $73 / sq.feet has the most expensive price and would be directed at more affluent cities.