The prices in real estate in Villa 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 Villa Park has increased during the last 6 months. In January, the average price per sq.feet was $182. In February this price pretty much remained the same at a value of $185 per sq.feet. In the following two months the price per sq.feet has barely changed, going from $183.5 to $183 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 $183.25 to $208.5 during May, and June.
Based upon to the price in Villa Park (cities), this has gone up in the last 6 months. The average price during our first sample month during January, is $266,375. During February the price went through a considerable rise reaching $307,086. During the following two months (March, April) the average price fell 92 % 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 117 % during the last two months.
The graph displaying the average price for bedrooms illustrates that those properties with 4 bedrooms are the cheapest ones. At a price of $341,650 they are 29 % more affordable than the average price for Villa Park. The properties with the lowest average price have 1 bedroom, Their price is 7 % cheaper than the average. After that we have properties with 2 bedrooms priced at $291,587.
With regard to the average price per sq.feet , those properties with 4 bedrooms are the cheapest ones at a cost of $168 / sq.feet, with an average $192 / sq.feet price in Villa Park. The properties with the highest average prices have 1 bedroom. They are 1 % more expensive than the average followed by properties with 2 bedrooms with a price at $174 / sq.feet.
The graph displaying the average prices displays the property type "Farm" as the most affordable one. At an cost of $341,650 it is 44 % cheaper than the average price in Villa Park. "House" is seen as the second most affordable property type. The cheapest type property is "Townhouse" followed by "Apartment". At a price of $261,807 it is 16 % more affordable than the average price.
According to the average cost per sq.feet, the cheapest property type is "Farm" at an average cost of $108 / sq.feet followed by "Apartment" priced at $150 / sq.feet. "House" is the cheapest type of property with a $168 / sq.feet value followed by "Townhouse" with an average price of $163 / sq.feet.