Property prices for sale in Wolf Lake (Illinois)
The prices in real estate in Wolf Lake, 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 Wolf Lake has had a strong decrease during the last 6 months. In October, the average price per sq.feet was $38. In November this price pretty much remained the same at a value of $37 per sq.feet. The price for the following two months in (December, January) had a considerable decrease of 49 with regard to the prior two months. The price per sq.feet has had a considerable deflation of 77 % 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 $28 to $21.5 during February, and March.
Based upon to the price in Wolf Lake (cities), this has fallen considerably in the last 6 months. The average price for October is $69,933. During November the price had a slight fall till $66,371. During the following two months (December, January) the average price had a considerable reduction of 48 % with regard to the previous two months. Based on an analysis of the first four prices and the last two months the average price has gone up 114 % during the last two months.
