The prices in real estate in Schiller 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 Schiller Park has increased during the last 6 months. In November, the average price per sq.feet was $197. In December this price pretty much remained the same at a value of $202 per sq.feet. In the following two months the price per sq.feet has increased 114 %, going from $199.5 to $226.5 per sq.feet. The price per sq.feet has increased 107 % 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 $213 to $227 during March, and April.
Based upon to the price in Schiller Park (cities), this has gone up considerably in the last 6 months. In our first sample month during November, the average price is $305,412. In December This price remains at $300,828. During the following two months (January, February) the average price had a considerable increase of 116 % 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 risen strongly 116 % during the last two months.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $425,553 they are 74 % more affordable than the average price for Schiller Park. The properties with the highest average price have 3 bedrooms, Their price is 1 % more costly than the average. After that we have properties with 4 bedrooms priced at $354,974.
With regard to the average price per sq.feet , those properties with 1 bedroom are the cheapest ones at a cost of $137 / sq.feet, with an average $229 / sq.feet price in Schiller Park. The properties with the highest average prices have 3 bedrooms. They are 17 % more expensive than the average followed by properties with 4 bedrooms with a price at $198 / sq.feet.
The graph displaying the average prices displays the property type "Condo" as the most affordable one. At an cost of $425,553 it is 59 % cheaper than the average price in Schiller Park. "House" is seen as the second most affordable property type. The cheapest type property is "Detached House" followed by "House". At a price of $365,550 it is 13 % more affordable than the average price.
According to the average cost per sq.feet, the cheapest property type is "Condo" at an average cost of $172 / sq.feet followed by "Detached House" priced at $204 / sq.feet. "House" is the cheapest type of property with a $222 / sq.feet value followed by "Detached House" with an average price of $204 / sq.feet.