Lake Zurich Real Estate Market Update September 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 7.08 months supply of inventory on the market in Lake Zurichon September 30, 2018.

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.

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.

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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