The prices in real estate in Apple River, 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 Apple River has increased strongly during the last 6 months. In November, the average price per sq.feet was $146. In December this price pretty much remained the same at a value of $153 per sq.feet. The price for the following two months in (January, February) had a considerable increment of 283 %. The price per sq.feet has had a considerable increase of 249 % 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 $286 to $711.5 during March, and April.
Based upon to the price in Apple River (cities), this has gone up in the last 6 months. The average price during our first sample month during November, is $408,520. During December the price went through a considerable rise reaching $503,500. During the following two months (January, February) the price has had an average incrementation from $456,010 to $487,555. During the last two months, the average price has reduced with regard to the previous ones. To be precise it has gone down 85 %, going from $471,782.5 to $402,349.5 in March and April.