The prices in real estate in River Grove, 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 River Grove has increased during the last 6 months. In January, the average price per sq.feet was $178. In February this price pretty much remained the same at a value of $179 per sq.feet. In the following two months the price per sq.feet has increased 111 %, going from $178.5 to $199 per sq.feet. The price per sq.feet has increased 106 % 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 $188.75 to $201 during May, and June.
Based upon to the price in River Grove (cities), this has gone up considerably in the last 6 months. The price in January is $249,319, rising in February till $268,374. During the following two months (March, April) the average price had a considerable increase of 125 % with regard to the previous two months. During the last two months, the average price has reduced with regard to the previous ones. To be precise it has gone down 91 %, going from $290,893.5 to $264,554 in May and June.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $258,012 they are 47 % more affordable than the average price for River Grove. The properties with the highest average price have 4 bedrooms, Their price is 56 % more costly than the average. After that we have properties with 3 bedrooms priced at $294,067.
With regard to the average price per sq.feet , those properties with 1 bedroom are the cheapest ones at a cost of $173 / sq.feet, with an average $206 / sq.feet price in River Grove. The properties with the highest average prices have 2 bedrooms. They are 15 % more expensive than the average followed by properties with 3 bedrooms with a price at $207 / sq.feet.
The graph displaying the average prices displays the property type "Condo" as the most affordable one. At an cost of $258,012 it is 33 % cheaper than the average price in River Grove. "House" is seen as the second most affordable property type. The dearest property type is "House" followed by "Condo". At a price of $171,661 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 $155 / sq.feet followed by "House" priced at $212 / sq.feet. "House" is the most costly type of property with a $212 / sq.feet cost followed by "Condo" with an average price of $155 / sq.feet.