Lake Zurich Real Estate Market Update May 2018

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Lake Zurich Real Estate Market Update May 2018
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Real Estate In Lake Zurich is a balanced market
favoring buyers. There is significant amount
of homes for sale in Lake Zurich, and buyers are
not in a rush to buy yet. There is a 6.98 months
supply of inventory on the market in Lake
Zurichon May 31, 2018
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Now is the Time to Buy! The average market time
for a Single Family Homes to sell in Lake
Zurich last month was 25 days.It took on average
117 days to sell Lake Zurich Condo, Townhouse or
a Duplex.The number of home sales in Lake Zurich
from April 1, 2018 through April 30, 2018 was 31
units. That is 1 above the number of homes sold
last month in Lake Zurich. The average price per
square foot in the area is now 137/Sq.Ft, which
is 1 a decline from last month.
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In Lake Zurich there were 6 units sold in April
in the price range between 113,333 213,001
with an average of 2.5 bedrooms and 1.2 bathrooms
and average Square footage of 1,159SF. In Lake
Zurich there were 18 units sold in April in the
price range between 213,002 411,333 with an
average of 3.2 bedrooms and 2.2 bathrooms and
average Square footage of 1,925SF. In Lake Zurich
there were 7 units sold in April in the price
range between 411,334 510,000 with an average
of 3.9 bedrooms and 2.4 bathrooms and average
Square footage of 2,554SF. The middle price range
had the most activity. Homes up to 411,333 were
on the market on average 35 days and sold an
average of 307,527.
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If you are looking for a new home for you and
your family, or looking for an investment
property, you cant go wrong by getting a prime
piece of real estate in Lake Zurich. Search
all Lake Zurich homes for Sale on propertyup.com I
f you are considering viewing Lake Zurich, you
may want to do so now!
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John Herman Property Up Inc. Call 847-847-4711 18
-5 E Dundee Rd, Suite 200 Barrington, IL 60010