The prices in real estate in Olympia Fields, in the Illinois region have had a minor rise in the last couple of months. The real estate prices for second hand homes have risen in this city.
The price per sq.feet in Olympia Fields has increased during the last 6 months. In November, the average price per sq.feet was $86. In December this price pretty much remained the same at a value of $85 per sq.feet. In the following two months the price per sq.feet has increased 112 %, going from $85.5 to $95.5 per sq.feet. The price per sq.feet has increased 109 % 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 $90.5 to $99 during March, and April.
Based upon to the price in Olympia Fields (cities), this has gone up considerably in the last 6 months. In our first sample month during November, the average price is $232,033. In December This price remains at $235,304. During the following two months (January, February) the average price had a considerable increase of 134 % 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 gone up 108 % during the last two months.
The graph showing the average price for bedrooms displays the property with the lowest price has 1 bedroom. It is 16 % cheaper than the average price of $254,342 in Olympia Fields. Based on the bedrooms values, properties with the lowest prices are those with 1 bedroom. They are 16 % more affordable than the average aforementioned.
With regard to the average prices per sq.feet those properties with 1 bedroom are 22 % cheaper than the average price of ($79 / 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 22 % 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 $301,129 it is 23 % cheaper than the average price in Olympia Fields. "House" is seen as the second most affordable property type. The cheapest type property is "House" followed by "Townhouse". At a price of $230,965 it is 16 % more affordable than the average price.
According to the average cost per sq.feet, the cheapest property type is "Townhouse" at an average cost of $71 / sq.feet followed by "House" priced at $79 / sq.feet. "House" is the cheapest type of property with a $79 / sq.feet value followed by "Townhouse" with an average price of $71 / sq.feet.