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Northern Illinois Real Estate - Lake Zurich Real Estate Market Statistics for May 2009

By
Real Estate Agent with Keller Williams

 

 

Praminade Deck in Lake Zurich Illinois

Lakeside in Lake Zurich Illinois

The market statistics for home sales in Lake Zurich IL for the month of May 2009

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 up for single family homes and up 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 up for attached single family homes, our LP/SP ratio is the same 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 same for attached single family homes in Lake Zurich in the last month over April 09 market times.

The homes that are selling in Lake Zurich area are higher in price this year over last for single family detached homes plus attached homes are higher, opposite of 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 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

05/01/2008 - 05/31/2008   05/1/2009-05/31/2009  
           
           
Sold#     Sold#    
Detached homes

    12

  Detached homes

21

 
Attached homes

3

  Attached homes

3

 
           
Avg LP Sold     Avg LP Sold    
Detached homes

333890

  Detached homes

330790

 
Attached homes

207600

  Attached homes

235233

 
           
Avg SP     Avg SP    
Detached homes

314458

  Detached homes

306594

 
Attached homes

196167

  Attached homes

222000

 
           
SP/LP Ratio     SP/LP Ratio    
Detached homes

94%

  Detached homes

93%

 
Attached homes

94%

  Attached homes

94%

 
           
Avg MT Sold     Avg MT Sold    
Detached homes

119

  Detached homes

241

 
Attached homes

50

  Attached homes

133

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

89

        
Attached homes

12

         
           
Homes Selling Per Month:      
Detached homes

17

         
Attached homes

2

       
           
Lake Zurich Currently Has:    
Detached homes

5.23  

Months of Inventory Active now  
Attached homes

6  

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 Expert and surrounding areas

847-620-5815   julie@homesbyjulieanne.com

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