Lake Zurich Real Estate Market Update July 2018

LAKE ZURICH, Ill. - July 23, 2018 - PRLog -- Real Estate In Lake Zurich (https://propertyup.com/realestate/lake+zurich,illinois) is a balanced market favoring buyers. There is significant amount of homes for sale in Lake Zurich (https://propertyup.com/sale/house-lake+zurich,illinois), and buyers are not in a rush to buy yet. There is a 7.97 months supply of inventory on the market in Lake Zurich (https://propertyup.com/sale/lake+zurich,illinois)on July 31, 2018.

Now is the Time to Buy!

The average market time for a Single Family Homes to sell in Lake Zurich (https://propertyup.com/sale/house-lake+zurich,illinois) last month was 27 days.
It took on average 21 days to sell Lake Zurich Condo (https://propertyup.com/sale/condos-lake+zurich,illinois), Townhouse or a Duplex.
The number of home sales in Lake Zurich from June 1, 2018 through June 30, 2018 was 42 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 $160/Sq.Ft, which is 0% an increase from last month.

In Lake Zurich there were 4 units sold in June in the price range between $135,000 – $243,858 with an average of 2.5 bedrooms and 1.8 bathrooms and average Square footage of 1,298SF.

In Lake Zurich there were 34 units sold in June in the price range between $243,859 – $541,357 with an average of 3.6 bedrooms and 2.5 bathrooms and average Square footage of 2,099SF.

In Lake Zurich there were 4 units sold in June in the price range between $541,358 – $730,000 with an average of 4.3 bedrooms and 3.4 bathrooms and average Square footage of 4,357SF.

The middle price range had the most activity. Homes up to $541,357 were on the market on average 25 days and sold an average of $338,002.

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 (https://propertyup.com/realestate/lake+zurich,illinois). Search all Lake Zurich homes for Sale (https://propertyup.com/sale/lake+zurich,illinois) on propertyup.com If you are considering viewing Lake Zurich (https://propertyup.com/sale/lake+zurich,illinois), you may want to do so now!