The prices in real estate in Oakwood, 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 Oakwood has remained the same in the last 6 months. In January, the average price per sq.feet was $87. In February this price pretty much remained the same at a value of $84 per sq.feet. The price for the following two months in (March, April) had a considerable decrease of 79 with regard to the prior two months. The price per sq.feet has had a considerable increase of 146 % 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 $76.5 to $111.5 during May, and June.
Based upon to the price in Oakwood (cities), this has fallen considerably in the last 6 months. The average price for January is $143,757. During February the price had a slight fall till $124,650. During the following two months (March, April) the average price had a considerable reduction of 54 % with regard to the previous two months. Based on an analysis of the first four prices and the last two months the average price has risen strongly 149 % during the last two months.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $187,700 they are 53 % more affordable than the average price for Oakwood. The properties with the highest average price have 4 bedrooms, Their price is 178 % more costly than the average. After that we have properties with 3 bedrooms priced at $216,600.
With regard to the average price per sq.feet , those properties with 2 bedrooms are the cheapest ones at a cost of $54 / sq.feet, with an average $130 / sq.feet price in Oakwood. The properties with the highest average prices have 4 bedrooms. They are 5 % more expensive than the average followed by properties with 1 bedroom with a price at $96 / sq.feet.
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 $191,898, they are 2 % more costly than the average price of (!PRECIO2!). "House" has the highest price. This price is 2 % more expensive than the average price aforementioned.
According to the average area cost by sq.feet the cheapest property type is "House with an average price of $87 / sq.feet. "House" with an average cost of $87 / sq.feet has the lowest price and would be directed at less affluent cities.