The prices in real estate in Palos Park, 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 Palos Park has remained the same in the last 6 months. In November, the average price per sq.feet was $188. In December this price pretty much remained the same at a value of $194 per sq.feet. In the following two months the price per sq.feet has barely changed, going from $191 to $182.5 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 $186.75 to $186 during March y April
Based upon to the price in Palos Park (cities), this has gone up in the last 6 months. The average price during our first sample month during November, is $620,327. During December the price went through a considerable rise reaching $745,969. In the following two months the average price has remained the same with regard to the previous two months from $683,148 to $712,321. During the last two months, the average price has reduced with regard to the previous ones. To be precise it has gone down 92 %, going from $697,734.5 to $641,449 in March and April.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $600,827 they are 80 % more affordable than the average price for Palos Park. The properties with the highest average price have 4 bedrooms, Their price is 10 % more costly than the average. After that we have properties with 3 bedrooms priced at $389,495.
With regard to the average price per sq.feet , those properties with 2 bedrooms are the cheapest ones at a cost of $121 / sq.feet, with an average $180 / sq.feet price in Palos Park. The properties with the highest average prices have 3 bedrooms. They are 6 % more expensive than the average followed by properties with 4 bedrooms with a price at $173 / sq.feet.
The graph displaying the average prices displays the property type "Condo" as the most affordable one. At an cost of $600,827 it is 62 % 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 $551,531 it is 15 % 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 "House" priced at $185 / sq.feet. "Townhouse" is the most costly type of property with a $63,955 / sq.feet cost followed by "House" with an average price of $185 / sq.feet.