The prices in real estate in South Elgin, 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 South Elgin has remained the same in the last 6 months. In April, the average price per sq.feet was $138. In the following month the price per sq.feet increased to $151. In the following two months the price per sq.feet has barely changed, going from $144.5 to $142 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 $143.25 to $142 during August y September
Based upon to the price in South Elgin (cities), this has gone up considerably in the last 6 months. The average price during our first sample month during April, is $268,615. During May the price went through a considerable rise reaching $373,944. During the following two months (June, July) the average price fell 93 % 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 93 %, going from $310,007.25 to $289,203 in August and September.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the most costly ones. At a price of $273,044 they are 7 % more expensive than the average price for South Elgin. Following this ranking we find those properties with 4 at an average price of $355,133. The properties with the highest average price have 4 bedrooms, Their price is 30 % more costly than the average. After that we have properties with 1 bedroom priced at $293,434.
With regard to the average prices per sq.feet those properties with 1 bedroom are 13 % cheaper than the average price of ($123 / sq.feet) in South Elgin. Properties with the most affordable price based upon to the number of bedrooms / sq.feet are those with 1 bedroom. They are 13 % cheaper than the average value aforementioned.
The graph displaying the average prices displays the property type "House" as the most affordable one. At an cost of $273,044 it is 26 % cheaper than the average price in South Elgin. "Duplex" is seen as the second most affordable property type. The dearest property type is "Apartment" followed by "Duplex". At a price of $364,659 it is 37 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "House" at an average cost of $107 / sq.feet followed by "Duplex" priced at $112 / sq.feet. "Apartment" is the cheapest type of property with a $125 / sq.feet value followed by "Duplex" with an average price of $112 / sq.feet.