The prices in real estate in Wonder 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 Wonder Lake has increased strongly during the last 6 months. In August, the average price per sq.feet was $98. In the following month the price per sq.feet increased considerably to $124. In the following two months the price per sq.feet has increased 107 %, going from $111 to $119 per sq.feet. The price per sq.feet has increased 111 % 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 $115 to $127.5 during December, and January.
Based upon to the price in Wonder Lake (cities), this has gone downing the last 6 months. The average price for August is $171,557. During September the price had a slight fall till $151,531. During the following two months (October, November) the average price fell 94 % 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 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 $170,584 they are 63 % more affordable than the average price for Wonder Lake. The properties with the highest average price have 4 bedrooms, Their price is 115 % more costly than the average. After that we have properties with 3 bedrooms priced at $206,530.
With regard to the average price per sq.feet , those properties with 1 bedroom are the cheapest ones at a cost of $56 / sq.feet, with an average $129 / sq.feet price in Wonder Lake. The properties with the highest average prices have 2 bedrooms. They are 28 % more expensive than the average followed by properties with 3 bedrooms with a price at $132 / sq.feet.
The graph displaying the average prices displays the property type "Villa" as the most affordable one. At an cost of $170,584 it is 13 % cheaper than the average price in Wonder Lake. "Farm" is seen as the second most affordable property type. The dearest property type is "House" followed by "Farm". At a price of $165,011 it is 40 % 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 $64 / sq.feet followed by "Villa" priced at $85 / sq.feet. "House" is the most costly type of property with a $153 / sq.feet cost followed by "Villa" with an average price of $85 / sq.feet.