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 AgentBarrington – 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