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Lake Villa Market Trends for March 2015

By
Real Estate Sales Representative with RE/MAX Suburban

Lake Villa Market Trends for March 2015

Lake Villa home sales for the month of March rose in volume by 22.2% when compared to last year, while the median sale price decreased by 11.4% from $206,500 to $183,000. The number of Single Family homes sales rose by 31.3%, while the median sale price decreased by 14.9% from $218,500 to $186,000. Condo/townhome sales decreased by 50%, while the median sale price rose by 10.6% from $104,000 to $115,000.

» View homes for sale in Lake Villa   » View all recent sales in Lake Villa

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The data relating to real estate for sale on this website comes in part from the Broker Reciprocity program of Midwest Real Estate Data LLC. Real Estate listings held by brokerage firms other than MRED Smart-Frame IDX Demo are marked with the MRED Broker Reciprocity logo or the Broker Reciprocity thumbnail logo (the MRED logo) and detailed information about them includes the names of the listing brokers. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. Information Deemed Reliable but Not Guaranteed. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

© 2015 Midwest Real Estate Data LLC. All rights reserved.

Median Sale Prices for Lake Villa

162k
166k
120k
206k
238k
249k
215k
173k
138k
182k
238k
141k
192k
151k
175k
183k
12/13 1/14 2/14 3/14 4/14 5/14 6/14 7/14 8/14 9/14 10/14 11/14 12/14 1/15 2/15 3/15

Number of Sales for Lake Villa

20
9
14
18
13
31
30
33
26
23
23
17
22
15
15
22
12/13 1/14 2/14 3/14 4/14 5/14 6/14 7/14 8/14 9/14 10/14 11/14 12/14 1/15 2/15 3/15

Real Estate Sales for March in Lake Villa

  March Year to Date (Jan 1 - April 22)
  2014 2015 Change 2014 2015 Change
Homes Sold 18 22 +22.2% 52 62 +19.2%
(Single Family) 16 21 +31.3% 46 60 +30.4%
(Condos/Townhomes) 2 1 -50% 6 2 -66.7%
Median Sale Price $206,500 $183,000 -11.4% $178,500 $177,500 -0.6%
(Single Family) $218,500 $186,000 -14.9% $193,903 $182,500 -5.9%
(Condos/Townhomes) $104,000 $115,000 +10.6% $129,000 $140,000 +8.5%
Days on Market 44 43 -1.1% 68 47 -30.9%
(Single Family) 44 45 +3.4% 74 47 -36.5%
(Condos/Townhomes) 25 6 -75.5% 40 28 -31.3%
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HomesByMarco has sold 42 homes in Lake Villa

Thinking of selling your home in Lake Villa? We are experts in the area. We'll sell your home quickly and for the highest price. Call Us Today!  888-32-MARCO

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