Lake Zurich Real Estate Market Update October 2018

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Lake Zurich Real Estate Market Update October 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 7.71 months
supply of inventory on the market in Lake
Zurichon October 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 26 days.It took on average
21 days to sell Lake Zurich Condo, Townhouse or a
Duplex.The number of home sales in Lake Zurich
from September 1, 2018 through September 30, 2018
was 20 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
129/Sq.Ft, which is 0 an increase from last
month.
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In Lake Zurich there were 5 units sold in
September in the price range between 146,000
225,538 with an average of 2.8 bedrooms and 1.4
bathrooms and average Square footage of
1,247SF. In Lake Zurich there were 10 units sold
in September in the price range between 225,539
388,287 with an average of 3.3 bedrooms and 2
bathrooms and average Square footage of
1,663SF. In Lake Zurich there were 5 units sold
in September in the price range between 388,288
471,500 with an average of 4 bedrooms and 2.3
bathrooms and average Square footage of
2,626SF. The middle price range had the most
activity. Homes up to 388,287 were on the market
on average 14 days and sold an average of
300,700.
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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