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 April, the average price per sq.feet was $141. The following month the price decreased to $127 per sq.feet. The following two months (June, July) went through an increase of 112 % in the price per sq.feet rising from $134 to $150.5 per sq.feet. In the last two months, the price per sq.feet has decreased 93 %. This has been obtained by comparing the price $142.25 for the first four months of the sample with regard to the previous 4 months and the price $132.5 per sq.feet for the last two months (August, September).
Based upon to the price in Illinois(region), these have remained the same in the last 6 months. In the first month sample April the average price is $268,069. In May the price was the same at $256,446. In the following two months the average price didn't change much compared to the previous two going from $262,257.5 to $263,500.5. During the last two months the price has reduced 95 % compared to the previous average values going from $262,879 a $249,636.5 in August and September.
The graph displaying the the average price per number of bedrooms shows that those with 2 bedrooms are the cheapest ones. They are 38 % more affordable than the average price in Illinois followed by those with 1 with an average price of $174,976. The most costly properties have 4 bedrooms. They are 33 % more expensive than the average followed by those properties with 3 bedrooms priced at $207,230.
Based on the average price per sq.feet those properties with 2 bedrooms are the cheapest ones with a price of $115 / sq.feet being $122 / sq.feet the average value within the Illinois region. The properties with the most expensive average price are those with 1 bedroom. These are 68 % more costly than the average followed by those with 4 bedrooms with a price of $125 / sq.feet.
The graph displaying the average price according to the property type shows "Land" as the cheapest one. With an average cost of $242,329 it is 78 % more affordable than the average in Illinois. This is followed by "House" with a price of $277,565. The dearest property type is "Commercial" and is 113 % more expensive than the average, followed by "Condo" with a cost of $291,896.
Based on the average cost per sq.feet the cheapest property type is "Land with a an average cost of $93 / sq.feet, followed by "Commercial" with a price of $101 / sq.feet. "Condo" with an average price of $225 / sq.feet is the most costly type of property followed by "Townhouse" at a price of $158 / sq.feet.