The prices in real estate in Island Lake, in the Illinois region have remained the same in the last couple of months. The real estate prices for second hand homes have remained in this city.
The price per sq.feet in Island Lake has remained the same in the last 6 months. In July, the average price per sq.feet was $140. In August this price pretty much remained the same at a value of $141 per sq.feet. In the following two months the price per sq.feet has barely changed, going from $140.5 to $142 per sq.feet. The price per sq.feet has barely changed in the last two months compared to the average price of the previous four months going from an average price of $141.25 to $143 during November y December
Based upon to the price in Island Lake (cities), these have remained the same in the last 6 months. In our first sample month during July, the average price is $224,974. In August This price remains at $223,828. In the following two months the average price has remained the same with regard to the previous two months from $224,401 to $233,961. Based on an analysis of the first four prices and the last two months the average price has gone up 106 % during the last two months.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $247,831 they are 51 % more affordable than the average price for Island Lake. The properties with the highest average price have 4 bedrooms, Their price is 26 % more costly than the average. After that we have properties with 3 bedrooms priced at $212,801.
With regard to the average price per sq.feet , those properties with 1 bedroom are the cheapest ones at a cost of $121 / sq.feet, with an average $143 / sq.feet price in Island Lake. The properties with the lowest average prices have 3 bedrooms. They are 4 % cheaper than the average followed by properties with 4 bedrooms with a price at $135 / sq.feet.
The graph displaying the average prices displays the property type "Townhouse" as the most affordable one. At an cost of $247,831 it is 43 % cheaper than the average price in Island Lake. "House" is seen as the second most affordable property type. The dearest property type is "Commercial" followed by "Farm". At a price of $271,445 it is 20 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "Farm" at an average cost of $88 / sq.feet followed by "Commercial" priced at $90 / sq.feet. "House" is the cheapest type of property with a $140 / sq.feet value followed by "Townhouse" with an average price of $117 / sq.feet.