The prices in real estate in Palos Park, 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 Palos Park has increased during the last 6 months. In September, the average price per sq.feet was $190. In October this price pretty much remained the same at a value of $195 per sq.feet. In the following two months the price per sq.feet has increased 107 %, going from $192.5 to $205.5 per sq.feet. 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 $199 to $198 during January y February
Based upon to the price in Palos Park (cities), this has gone up in the last 6 months. In our first sample month during September, the average price is $665,238. In October This price remains at $693,109. During the following two months (November, December) the price has had an average incrementation from $679,173.5 to $770,700. During the last two months, the average price has pretty much remained the same with regard to the previous average values going from an average value of $724,936.75 and $726,255.5 between January and February.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $720,994 they are 78 % more affordable than the average price for Palos Park. The properties with the highest average price have 4 bedrooms, Their price is 66 % more costly than the average. After that we have properties with 3 bedrooms priced at $473,068.
With regard to the average price per sq.feet , those properties with 1 bedroom are the cheapest ones at a cost of $177 / sq.feet, with an average $205 / sq.feet price in Palos Park. The properties with the highest average prices have 2 bedrooms. They are 9 % more expensive than the average followed by properties with 4 bedrooms with a price at $210 / sq.feet.
The graph displaying the average prices displays the property type "Condo" as the most affordable one. At an cost of $720,994 it is 64 % cheaper than the average price in Palos Park. "Townhouse" is seen as the second most affordable property type. The dearest property type is "House" followed by "Townhouse". At a price of $338,160 it is 21 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "Condo" at an average cost of $141 / sq.feet followed by "Townhouse" priced at $161 / sq.feet. "House" is the most costly type of property with a $207 / sq.feet cost followed by "Townhouse" with an average price of $161 / sq.feet.