Lake Zurich Real Estate Market Update August 2018

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.

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.

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.

If you are looking for a new home for you and your family, or looking for an investment property, you can’t go wrong by getting a prime piece of real estate in Lake Zurich. Search all Lake Zurich homes for Sale on propertyup.com If you are considering viewing Lake Zurich, you may want to do so now!

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Helping you make the right choices when it comes to all things property. Huge price reduction!!!lovely english cottage style ranch on beautifully wooded lot great location. Gated entry leads to charming walkway & welcoming porch.