The prices in real estate in Carol Stream, in the Illinois region have had a strong fall in the last couple of months. The real estate prices for second hand homes have gone through a strong fall in this city.
The price per sq.feet in Carol Stream has had a strong decrease during the last 6 months. In May, the average price per sq.feet was $910. In the following month the price per sq.feet decreased considerably to $347. The price for the following two months in (July, August) had a considerable increment of 126 %. The price per sq.feet has had a considerable deflation of 20 % 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 $709.25 to $143 during September, and October.
Based upon to the price in Carol Stream (cities), this has gone up considerably in the last 6 months. The average price during our first sample month during May, is $164,189. During June the price went through a considerable rise reaching $312,540. During the following two months (July, August) the price has had an average incrementation from $238,364.5 to $255,554.5. During the last two months, the average price has pretty much remained the same with regard to the previous average values going from an average value of $246,959.5 and $252,682.5 between September and October.
The graph displaying the average price for bedrooms illustrates that those properties with 4 bedrooms are the cheapest ones. At a price of $256,730 they are 33 % more affordable than the average price for Carol Stream. The properties with the lowest average price have 1 bedroom, Their price is 15 % cheaper than the average. After that we have properties with 4 bedrooms priced at $173,218.
With regard to the average price per sq.feet , those properties with 4 bedrooms are the most costly ones at a cost of $1,336 / sq.feet, with an average $145 / sq.feet price in Carol Stream. The properties with the highest average prices have 1 bedroom. They are 1025 % more expensive than the average followed by properties with 4 bedrooms with a price at $1,336 / sq.feet.
The graph displaying the average prices displays the property type "House" as the most affordable one. At an cost of $256,730 it is 33 % cheaper than the average price in Carol Stream. "Condo" is seen as the second most affordable property type. The cheapest type property is "Duplex" followed by "Condo". At a price of $217,356 it is 11 % more affordable than the average price.
According to the average cost per sq.feet, the most expensive property type would be "Duplex" at an average cost of $203 / sq.feet followed by "House" priced at $1,336 / sq.feet. "Condo" is the most costly type of property with a $1,619 / sq.feet cost followed by "House" with an average price of $1,336 / sq.feet.