The rent prices in real estate in Lake Zurich, in the Illinois region have fallen considerably in the last couple of months. There has been a strong fall in the rent prices in this city.
The price per sq.feet in Lake Zurich has had a strong fall during the last 6 months. In October, the average price per sq.feet was $38.71. In the following month the price per sq.feet rose considerably to $75.96. The price for the following two months in (December, January) had a considerable fall of 3 with regard to the previous two months. The price per sq.feet has had a considerable fall of 5 % 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 $29.61 to $1.62 during February, and March.
When referring to the price in Lake Zurich (cities), this has risen considerably in the last 6 months. The average price during our first sample month during October, is $2,337. During November the price went through a considerable rise reaching $3,061. In the following two months the average price has hardly changed with regard to the previous two months from $2,699 to $2,785.5. During the last two months, the average price has fallen with regard to the previous ones. To be precise it has fallen 89 %, going from $2,742.25 to $2,448.5 in February and March.
The graph showing the average price for bedrooms displays the property with the most expensive price has 1 bedroom. It is 19 % more expensive than the average price of $3,541 in Lake Zurich. Based on the bedrooms values, properties with the most expensive rent prices are those with 1 bedroom. They are 19 % more expensive than the average aforementioned.
With regard to the average prices per sq.feet those properties with 1 bedroom are 5322 % more expensive than the average price of ($122 / sq.feet) in Lake Zurich. Properties with the most expensive price when referring to the number of bedrooms / sq.feet are those with 1 bedroom. They are 5322 % more expensive than the average value aforementioned.
The graph displaying the average rent prices displays the property type "" as the most affordable one. At an cost of $2,967 it is 0 % more affordable than the average price in Lake Zurich. "House" is seen as the second most affordable property type. The most expensive property type is "House" followed by "". At a price of $2,961 it is 19 % more expensive than the average price.
According to the average area price by sq.feet the most expensive property type is "House with an average cost of $122 / sq.feet. "House" at an average price of $122 / sq.feet has the highest price and would be directed at more affluent cities.