The prices in real estate in Olympia Fields, 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 Olympia Fields has had a strong decrease during the last 6 months. In April, the average price per sq.feet was $351. In the following month the price per sq.feet decreased considerably to . The price for the following two months in (June, July) had a considerable decrease of 50 with regard to the prior two months. The price per sq.feet has had a considerable deflation of 68 % 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 $131.5 to $90 during August, and September.
Based upon to the price in Olympia Fields (cities), this has fallen considerably in the last 6 months. The average price for April is $248,671. During May the price had a considerable reduction till . During the following two months (June, July) the average price had a considerable increase of 192 % 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 136 % during the last two months.
The graph showing the average price for bedrooms displays the property with the most expensive price has 1 bedroom. It is 2 % more costly than the average price of $256,133 in Olympia Fields. Based on the bedrooms values, properties with the highest prices are those with 1 bedroom. They are 2 % more expensive than the average aforementioned.
With regard to the average prices per sq.feet those properties with 1 bedroom are 4 % cheaper than the average price of ($86 / sq.feet) in Olympia Fields. Properties with the most affordable price based upon to the number of bedrooms / sq.feet are those with 1 bedroom. They are 4 % cheaper than the average value aforementioned.
The graph displaying the average prices displays the property type "Townhouse" as the most affordable one. At an cost of $251,704 it is 8 % cheaper than the average price in Olympia Fields. "House" is seen as the second most affordable property type. The dearest property type is "House" followed by "Townhouse". At a price of $232,592 it is 2 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "Townhouse" at an average cost of $78 / sq.feet followed by "House" priced at $86 / sq.feet. "House" is the cheapest type of property with a $86 / sq.feet value followed by "Townhouse" with an average price of $78 / sq.feet.