The prices in real estate in Worth, in the Illinois region have had a strong rise in the last couple of months. The real estate prices for second hand homes have gone through a strong increase in this city.
The price per sq.feet in Worth has increased strongly during the last 6 months. In May, the average price per sq.feet was . In the following month the price per sq.feet increased considerably to $127. The price for the following two months in (July, August) had a considerable increment of 207 %. The price per sq.feet has had a considerable increase of 126 % 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 $97.5 to $123 during September, and October.
Based upon to the price in Worth (cities), this has gone up considerably in the last 6 months. The average price during our first sample month during May, is . During June the price went through a considerable rise reaching $186,594. During the following two months (July, August) the average price had a considerable increase of 205 % 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 135 % 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 $194,114 they are 70 % more affordable than the average price for Worth. The properties with the highest average price have 4 bedrooms, Their price is 29 % more costly than the average. After that we have properties with 3 bedrooms priced at $204,041.
With regard to the average price per sq.feet , those properties with 1 bedroom are the cheapest ones at a cost of $82 / sq.feet, with an average $126 / sq.feet price in Worth. The properties with the highest average prices have 4 bedrooms. They are 6 % more expensive than the average followed by properties with 3 bedrooms with a price at $133 / sq.feet.
The graph displaying the average prices displays the property type "Condo" as the most affordable one. At an cost of $194,114 it is 35 % cheaper than the average price in Worth. "House" is seen as the second most affordable property type. The dearest property type is "Commercial" followed by "House". At a price of $200,038 it is 326 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "Commercial" at an average cost of $94 / sq.feet followed by "Condo" priced at $119 / sq.feet. "House" is the most costly type of property with a $131 / sq.feet cost followed by "Condo" with an average price of $119 / sq.feet.