The prices in real estate in Palos Heights, in the Illinois region have had a minor fall in the last couple of months. The real estate prices for second hand homes have fallen in this city
The price per sq.feet in Palos Heights has fallen in the last 6 months. In September, the average price per sq.feet was $186. In October this price pretty much remained the same at a value of $184 per sq.feet. The price for the following two months in (November, December) decreased 94 % with regard to the prior two months. 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 $179.5 to $172 during January y February
Based upon to the price in Palos Heights (cities), these have remained the same in the last 6 months. In our first sample month during September, the average price is $353,843. In October This price remains at $370,509. In the following two months the average price has remained the same with regard to the previous two months from $362,176 to $345,894. During the last two months, the average price has reduced with regard to the previous ones. To be precise it has gone down 93 %, going from $354,035 to $329,967 in January and February.
The graph showing the average price for bedrooms displays the property with the lowest price has 1 bedroom. It is 14 % cheaper than the average price of $286,744 in Palos Heights. Based on the bedrooms values, properties with the lowest prices are those with 1 bedroom. They are 14 % more affordable than the average aforementioned.
With regard to the average prices per sq.feet those properties with 1 bedroom are 45 % cheaper than the average price of ($95 / sq.feet) in Palos Heights. Properties with the most affordable price based upon to the number of bedrooms / sq.feet are those with 1 bedroom. They are 45 % cheaper than the average value aforementioned.
The graph displaying the average prices displays the property type "Commercial Property" as the most affordable one. At an cost of $335,007 it is 36 % cheaper than the average price in Palos Heights. "House" is seen as the second most affordable property type. The cheapest type property is "House" followed by "Commercial Property". At a price of $215,818 it is 14 % more affordable than the average price.
According to the average cost per sq.feet, the cheapest property type is "Commercial Property" at an average cost of $51 / sq.feet followed by "House" priced at $95 / sq.feet. "House" is the cheapest type of property with a $95 / sq.feet value followed by "Commercial Property" with an average price of $51 / sq.feet.