The prices in real estate in Vernon Hills, 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 Vernon Hills has increased during the last 6 months. In October, the average price per sq.feet was $198. In the following month the price per sq.feet increased to $209. In the following two months the price per sq.feet has increased 105 %, going from $203.5 to $214.5 per sq.feet. The price per sq.feet has increased 114 % 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 $209 to $237.5 during February, and March.
Based upon to the price in Vernon Hills (cities), this has gone up in the last 6 months. The average price for October is $466,218. During November the price had a slight fall till $437,900. In the following two months the average price has remained the same with regard to the previous two months from $452,059 to $474,627.5. Based on an analysis of the first four prices and the last two months the average price has risen strongly 126 % 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 $539,822 they are 78 % more affordable than the average price for Vernon Hills. The properties with the highest average price have 4 bedrooms, Their price is 35 % more costly than the average. After that we have properties with 3 bedrooms priced at $341,207.
With regard to the average price per sq.feet , those properties with 1 bedroom are the cheapest ones at a cost of $144 / sq.feet, with an average $235 / sq.feet price in Vernon Hills. The properties with the highest average prices have 4 bedrooms. They are 1 % more expensive than the average followed by properties with 3 bedrooms with a price at $174 / sq.feet.
The graph displaying the average prices displays the property type "Condo" as the most affordable one. At an cost of $539,822 it is 61 % cheaper than the average price in Vernon Hills. "Farm" is seen as the second most affordable property type. The dearest property type is "House" followed by "Commercial". At a price of $581,748 it is 15 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "Farm" at an average cost of $46 / sq.feet followed by "Commercial" priced at $143 / sq.feet. "House" is the cheapest type of property with a $228 / sq.feet value followed by "Detached House" with an average price of $209 / sq.feet.