The prices in real estate in Wheeling, 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 Wheeling has remained the same in the last 6 months. In October, the average price per sq.feet was $203. In November this price pretty much remained the same at a value of $203 per sq.feet. In the following two months the price per sq.feet has barely changed, going from $203 to $202 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 $202.5 to $217 during February, and March.
Based upon to the price in Wheeling (cities), these have remained the same in the last 6 months. In our first sample month during October, the average price is $301,541. In November This price remains at $291,715. In the following two months the average price has remained the same with regard to the previous two months from $296,628 to $283,292. Based on an analysis of the first four prices and the last two months the average price has risen strongly 118 % 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 $354,944 they are 53 % more affordable than the average price for Wheeling. The properties with the highest average price have 4 bedrooms, Their price is 22 % more costly than the average. After that we have properties with 3 bedrooms priced at $367,358.
With regard to the average price per sq.feet , those properties with 1 bedroom are the cheapest ones at a cost of $182 / sq.feet, with an average $219 / sq.feet price in Wheeling. The properties with the highest average prices have 3 bedrooms. They are 3 % more expensive than the average followed by properties with 4 bedrooms with a price at $224 / sq.feet.
The graph displaying the average prices displays the property type "Commercial Property" as the most affordable one. At an cost of $354,944 it is 54 % cheaper than the average price in Wheeling. "Apartment" is seen as the second most affordable property type. The dearest property type is "Townhouse" followed by "House". At a price of $425,109 it is 20 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "Commercial Property" at an average cost of $83 / sq.feet followed by "Apartment" priced at $180 / sq.feet. "House" is the most costly type of property with a $238 / sq.feet cost followed by "Townhouse" with an average price of $236 / sq.feet.