“World's Most Complete Neighborpedia”
Explore:   What's happening in your neck of the woods?

Lake Zurich Illinois Real Estate Market Statistics for December 2008

Lake Zurich Paulus Park

The market statistics for home sales in Lake Zurich IL for the month of December 2008.

The current inventory of homes for sale in Lake Zurich Illinois Zip Code 60047 is down vs last month and sales this month over last month 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 up for attached single family homes. Average Sale Price of homes sold is up for single family homes and for attached single family homes, but our LP/SP ratio is up about 10% for single family homes and even 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 up for attached single family homes in Lake Zurich in the last month over November 07 market times.

The homes that are selling in Lake Zurich area are higher in price this year over last for single family detached homes but attached homes are down, a flip from last months figures.

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 http://www.homesbyjulieanne.com/ and search for homes available in the Barrington, Deer Park, Lake Zurich, Palatine and surrounding areas. 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 and surrounding areas at the highest price possible in this market.

12/01/2007 - 12/30/2007 12/1/2008-12/30/2008
Sold# Sold#
Detached homes

10

Detached homes

9

Attached homes

2

Attached homes

4

Avg LP Sold Avg LP Sold
Detached homes

345648

Detached homes

403333

Attached homes

279108

Attached homes

245245

Avg SP Avg SP
Detached homes

326050

Detached homes

403333

Attached homes

264308

Attached homes

237545

SP/LP Ratio SP/LP Ratio
Detached homes

94%

Detached homes

97%

Attached homes

95%

Attached homes

97%

Avg MT Sold Avg MT Sold
Detached homes

134

Detached homes

159

Attached homes

279

Attached homes

73

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

160

-10%
Attached homes

41

-5%
Homes Selling Per Month:
Detached homes

4

-72%
Attached homes

0

-300%
Lake Zurich Currently Has:
Detached homes

40

Months of Inventory Active now
Attached homes

41

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

Free Home Evaluation

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 Expert and surrounding areas

847-620-5815 julie@homesbyjulieanne.com

What is my homes value? Homes for sale in Northern Illinois, Barrington Homes for Sale - Deer Park Homes for Sale

Posted Saturday Jan 10