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Lake Villa Market Trends for June 2020

By
Real Estate Sales Representative with RE/MAX Suburban

Lake Villa home sales for the month of June decreased in volume by 5.4% when compared to last year, while the median sale price rose by 0.4% from $237,000 to $238,000. The number of Single Family homes sales rose by 9.4%, while the median sale price decreased by 9.4% from $262,750 to $238,000.

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Median Sale Prices for Lake Villa

199k
247k
225k
237k
231k
222k
234k
249k
208k
206k
175k
245k
230k
265k
230k
238k
3/19 4/19 5/19 6/19 7/19 8/19 9/19 10/19 11/19 12/19 1/20 2/20 3/20 4/20 5/20 6/20

Number of Sales for Lake Villa

33
35
35
37
42
18
28
21
25
25
17
18
29
11
29
35
3/19 4/19 5/19 6/19 7/19 8/19 9/19 10/19 11/19 12/19 1/20 2/20 3/20 4/20 5/20 6/20

Real Estate Sales for June in Lake Villa

  June Year to Date (Jan 1 - July 5)
  2019 2020 Change 2019 2020 Change
Homes Sold 37 35 -5.4% 146 140 -4.1%
(Single Family) 32 35 +9.4% 136 137 +0.7%
(Condos/Townhomes) 5 0 - 10 3 -70%
Median Sale Price $237,000 $238,000 +0.4% $230,000 $232,500 +1.1%
(Single Family) $262,750 $238,000 -9.4% $238,750 $236,900 -0.8%
(Condos/Townhomes) $212,000 $0 - $206,500 $137,000 -33.7%
Days on Market 21 33 +57.1% 17 26 +52.9%
(Single Family) 23 33 +43.5% 18 25 +38.9%
(Condos/Townhomes) 16 0 - 15 107 +637.9%

HomesByMarco has sold 59 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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Marco Amidei is an IL licensed real estate broker with RE/MAX Suburban. 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.

© 2020 Midwest Real Estate Data LLC. All rights reserved.

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