Lake Zurich Real Estate Market Update August 2018

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Lake Zurich Real Estate Market Update August 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 7.69 months
supply of inventory on the market in Lake
Zurichon August 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 32 days.It took on average
38 days to sell Lake Zurich Condo, Townhouse or a
Duplex.The number of home sales in Lake Zurich
from July 1, 2018 through July 31, 2018 was 37
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 138/Sq.Ft, which
is 14 a decline from last month.
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In Lake Zurich there were 7 units sold in July in
the price range between 130,000 218,932 with
an average of 2.3 bedrooms and 1.6 bathrooms and
average Square footage of 1,214SF. In Lake Zurich
there were 26 units sold in July in the price
range between 218,933 441,431 with an average
of 3.4 bedrooms and 2.2 bathrooms and average
Square footage of 2,063SF. In Lake Zurich there
were 4 units sold in July in the price range
between 441,432 575,000 with an average of
4.5 bedrooms and 2.9 bathrooms and average Square
footage of 2,639SF. The low price range had the
most activity. Homes up to 218,932 were on the
market on average 21 days and sold an average of
185,857.
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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