Property prices for sale in Lake Zurich (Illinois)
The prices in real estate in Lake Zurich, in the Illinois region have had a minor rise in the last couple of months. The real estate prices for second hand homes have risen in this city.
The price per sq.feet in Lake Zurich has increased during the last 6 months. In November, the average price per sq.feet was $208. In December this price pretty much remained the same at a value of $210 per sq.feet. In the following two months the price per sq.feet has increased 106 %, going from $209 to $221.5 per sq.feet. The price per sq.feet has increased 110 % 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 $215.25 to $236 during March, and April.
Based upon to the price in Lake Zurich (cities), this has gone up in the last 6 months. In our first sample month during November, the average price is $451,776. In December This price remains at $449,231. During the following two months (January, February) the price has had an average incrementation from $450,503.5 to $517,015.5. Based on an analysis of the first four prices and the last two months the average price has gone up 109 % 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 $537,786 they are 56 % more affordable than the average price for Lake Zurich. The properties with the highest average price have 4 bedrooms, Their price is 3 % more costly than the average. After that we have properties with 3 bedrooms priced at $323,280.
With regard to the average price per sq.feet , those properties with 3 bedrooms are the cheapest ones at a cost of $169 / sq.feet, with an average $245 / sq.feet price in Lake Zurich. The properties with the highest average prices have 1 bedroom. They are 18 % more expensive than the average followed by properties with 4 bedrooms with a price at $207 / sq.feet.
The graph displaying the average prices displays the property type "Farm" as the most affordable one. At an cost of $537,786 it is 55 % cheaper than the average price in Lake Zurich. "Condo" is seen as the second most affordable property type. The cheapest type property is "House" followed by "Apartment". At a price of $404,490 it is 19 % more affordable than the average price.
According to the average cost per sq.feet, the cheapest property type is "Farm" at an average cost of $67 / sq.feet followed by "Condo" priced at $121 / sq.feet. "Apartment" is the cheapest type of property with a $214 / sq.feet value followed by "House" with an average price of $202 / sq.feet.
