The prices in real estate in Crystal Lake, 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 Crystal Lake has increased strongly during the last 6 months. In July, the average price per sq.feet was $83. In the following month the price per sq.feet increased considerably to $105. The price for the following two months in (September, October) had a considerable increment of 138 %. The price per sq.feet has increased 113 % 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 $112 to $126.5 during November, and December.
Based upon to the price in Crystal Lake (cities), this has gone up in the last 6 months. The price in July is $267,415, rising in August till $294,821. In the following two months the average price has remained the same with regard to the previous two months from $281,118 to $284,475.5. 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 $282,796.75 and $279,693.5 between November and December.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $277,785 they are 76 % more affordable than the average price for Crystal Lake. The properties with the highest average price have 4 bedrooms, Their price is 24 % more costly than the average. After that we have properties with 3 bedrooms priced at $261,615.
With regard to the average price per sq.feet , those properties with 1 bedroom are the cheapest ones at a cost of $83 / sq.feet, with an average $128 / sq.feet price in Crystal Lake. The properties with the highest average prices have 3 bedrooms. They are 16 % more expensive than the average followed by properties with 2 bedrooms with a price at $131 / sq.feet.
The graph displaying the average prices displays the property type "Condo" as the most affordable one. At an cost of $277,785 it is 44 % cheaper than the average price in Crystal Lake. "Ranch" is seen as the second most affordable property type. The dearest property type is "House" followed by "Commercial". At a price of $264,850 it is 5 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "Ranch" at an average cost of $59 / sq.feet followed by "Duplex" priced at $66 / sq.feet. "House" is the most costly type of property with a $137 / sq.feet cost followed by "Condo" with an average price of $117 / sq.feet.