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Tower Lakes, IL

Tower Lakes near Barrington - Market Review 2011

Corinne Guest - Barrington & Northwest Suburbs Real Estate & Relocation: Real Estate Agent in Barrington, IL

Graphs Showing Sales of Tower Lakes Homes in 2011

Sales of homes in Tower Lakes do not account for many in the 60010 zip code so an intense comparison would not be very useful. So I thought we would simply look at the average sales prices over the last three years and specifically by bedroom count to make it a fair comparison.

They say pictures are often much easier to understand and I think the following graph which shows Tower Lakes homes sold and the percentage in price drop tells everything we really need to know. So compare color by color for a year comparison.

The first chart shows we never have many 2 bedroom Tower Lakes homes sell, there aren't very many in the village. 3 bedroom and 4 bedroom are the bulk of the real estate. graph showing average Tower Lakes homes sold over last 3 years

Clearly there was a pretty steep drop in prices between 2009 and 2010 but 2010 to 2011 is not nearly so bad.

Tower Lakes Homes -Average Marketing Times

The average marketing time for Tower Lakes homes now is 244 days. That's based on sales over the last 12 months. Three bedroom homes took longer with an average of 307 days, compared to 196 for four bedroom homes.

Tower Lakes homes fall in the Barrington School district 220 and offer a lifestyle type of community, with it's lake front properties. Prices start at $200,00 and go up to $1 Million. Start your search for Tower Lakes real estate listings.

Tower Lakes Illinois Neighborhoods/Subdivisions

Joe Malvarapu: Real Estate Agent in Chicago, IL

Following is a list of Neighborhoods/Subdivisions in Tower Lakes, Illinois.

Click on Subdivision Name to View Listings

Tower Lakes Real Estate