Lake Zurich Real Estate Market Update September 2018

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Lake Zurich Real Estate Market Update September
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 7.08 months
supply of inventory on the market in Lake
Zurichon September 30, 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 37 days.It took on average
19 days to sell Lake Zurich Condo, Townhouse or a
Duplex.The number of home sales in Lake Zurich
from August 1, 2018 through August 31, 2018 was
29 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 142/Sq.Ft,
which is 0 an increase from last month.
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In Lake Zurich there were 6 units sold in August
in the price range between 115,000 219,723
with an average of 2.8 bedrooms and 1.2 bathrooms
and average Square footage of 1,020SF. In Lake
Zurich there were 18 units sold in August in the
price range between 219,724 462,172 with an
average of 3.6 bedrooms and 2.2 bathrooms and
average Square footage of 2,001SF. In Lake Zurich
there were 5 units sold in August in the price
range between 462,173 599,900 with an average
of 4.4 bedrooms and 2.9 bathrooms and average
Square footage of 2,753SF. The low price range
had the most activity. Homes up to 219,723 were
on the market on average 28 days and sold an
average of 168,291.
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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