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Northern Illinois Real Estate - December 2011 Housing Market Statistics for Lake Zurich

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Lake Zurich Illinois

The market statistics for home sales in Lake Zurich IL for the month of December 2011.

There were 16 sales in detached single family homes and 0 attached single family homes in Lake Zurich for the month of December 2011.

The current inventory of homes for sale in Lake Zurich Illinois Zip Code 60047 is up vs last month and sales this month over last month are down for single family homes and down for attached single family homes. Our average LP of sold homes is up for single family homes and down for attached single family homes. Average Sale Price of homes sold is up for single family homes and downfor attached single family homes, our LP/SP ratio is the down for single family homes and same for attached single family homes in Lake Zurich. The average market time for homes sold in Lake Zurich IL 60047 zip code has gone up for single family homes in Lake Zurich and the same for attached single family homes in Lake Zurich in the last month over November 2010 market times.

The homes that are selling in Lake Zurich area are lower in price this year over last for single family detached homes plus attached homes.

If you would like clarification of these figures or if you want to take advantage of this once in our lifetime market great for first time home buyers, investors or anyone moving up, look at our website www.homesbyjulieanne.com and search for homes available in the Barrington, Deer Park, Lake Zurich, Palatine and surrounding areas. We also list many foreclosure, REO and Short Sale listings. Or contact us and we will help you find the best home for the money or sell your home in the Barrington, Deer Park, Lake Zurich, Palatine and surrounding areas at the highest price possible in this market.

11/01/2011 - 11/30/2011 12/1/2011-12/31/2011
Sold# Sold#
Detached homes

8

Detached homes

16

Attached homes

2

Attached homes

0

Avg LP Sold Avg LP Sold
Detached homes

269406

Detached homes

349488

Attached homes

0

Attached homes

0

Avg SP Avg SP
Detached homes

257857

Detached homes

326005

Attached homes

0

Attached homes

0

SP/LP Ratio SP/LP Ratio
Detached homes

96%

Detached homes

93%

Attached homes

0%

Attached homes

0%

Avg MT Sold Avg MT Sold
Detached homes

127

Detached homes

89

Attached homes

0

Attached homes

0

Absorption Rate
Lake Zurich Current Inventory of Homes On Market:
Detached homes

151

Attached homes

25

Homes Selling Per Month:
Detached homes 16
Attached homes

0

Lake Zurich Currently Has:
Detached homes

9

Months of Inventory Active now
Attached homes

25

Months of inventory Active now
*Information compiled from the MLS, not guaranteed

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Posted By: Julie Anne - The Julie Anne Real Estate Team at Keller Williams Success Realty

Northern Illinois Real Estate Agent - Barrington - Deer Park Real Estate Expertand surrounding areas

847-620-5815

julie@homesbyjulieanne.com

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Posted Wednesday Jan 18