The average price in the Illinois region has had same value in recent months. Prices in this region have remained pretty much stagnant.
The price per sq.feet in Illinois has remained stagnant in the last 6 months. During January, the average price per sq.feet was $173. The following month (February) the price increased to $195 per sq.feet. The following two months (March, April) there has been a deflation of 93 % in the price per sq.feet with regard to the previous two. In the last two months, the price has stayed the same with regard to the average value for the last 4 months going from an average price per sq.feet of $177.5 to $173.5 during May and June.
Based upon to the price in Illinois(region), these have remained the same in the last 6 months. The average price in January is $318,499. In February the price increased to $362,452. The average price for the following two months (March, April) decreased 87 % compared to the prior two. During the last two months the average price has remained stagnant and has gone from $317,750.75 to $328,383.5 during May and June.
The graph displaying the the average price per number of bedrooms shows that those with 1 bedroom are the cheapest ones. They are 41 % more affordable than the average price in Illinois followed by those with 2 with an average price of $225,345. The most costly properties have 4 bedrooms. They are 20 % more expensive than the average followed by those properties with 3 bedrooms priced at $292,505.
Based on the average price per sq.feet those properties with 4 bedrooms are the cheapest ones with a price of $165 / sq.feet being $177 / sq.feet the average value within the Illinois region. The properties with the most expensive average price are those with 1 bedroom. These are 35 % more costly than the average followed by those with 2 bedrooms with a price of $183 / sq.feet.
The graph displaying the average price according to the property type shows "Land" as the cheapest one. With an average cost of $339,710 it is 29 % more affordable than the average in Illinois. This is followed by "Townhouse" with a price of $292,368. The dearest property type is "Commercial" and is 179 % more expensive than the average, followed by "Apartment" with a cost of $408,060.
Based on the average cost per sq.feet the cheapest property type is "Townhouse with a an average cost of $165 / sq.feet, followed by "House" with a price of $170 / sq.feet. "Commercial" with an average price of $931,556 / sq.feet is the most costly type of property followed by "Land" at a price of $54,261 / sq.feet.