Property prices for sale in Illinois region
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 October, the average price per sq.feet was $205. The following month the price decreased to $187 per sq.feet. The price per sq.feet for the following two months practically stayed the same, going from $196 to $197 per sq.feet. In the last two months, the price per sq.feet has increased 107 %. This has been obtained by comparing the price $196.5 for the first four months of the sample with regard to the previous 4 months and the price $210.5 per sq.feet for the last two months (February, March).
Based upon to the price in Illinois(region), these have remained the same in the last 6 months. In the first month sample October the average price is $372,619. In November the price was the same at $370,544. In the following two months the average price didn't change much compared to the previous two going from $371,581.5 to $356,413.5. During the last two months the price has risen 107 % compared to the previous average values going from $363,997.5 a $390,750.5 in February and March.
The graph displaying the the average price per number of bedrooms shows that those with 1 bedroom are the cheapest ones. They are 42 % more affordable than the average price in Illinois followed by those with 2 with an average price of $262,405. The most costly properties have 4 bedrooms. They are 19 % more expensive than the average followed by those properties with 3 bedrooms priced at $358,240.
Based on the average price per sq.feet those properties with 2 bedrooms are the cheapest ones with a price of $205 / sq.feet being $212 / sq.feet the average value within the Illinois region. The properties with the most expensive average price are those with 1 bedroom. These are 26 % more costly than the average followed by those with 3 bedrooms with a price of $210 / sq.feet.
The graph displaying the average price according to the property type shows "Land" as the cheapest one. With an average cost of $417,398 it is 67 % more affordable than the average in Illinois. This is followed by "Apartment" with a price of $247,007. The dearest property type is "House" and is 5 % more expensive than the average, followed by "Commercial" with a cost of $410,851.
Based on the average cost per sq.feet the cheapest property type is "Commercial with a an average cost of $106 / sq.feet, followed by "House" with a price of $169 / sq.feet. "Land" with an average price of $1,722 / sq.feet is the most costly type of property followed by "Condo" at a price of $275 / sq.feet.
