Lake Zurich Illinois Real Estate Market Statistics for January 2009

Chasewood North Subdivision Lake Zurich

Pond in Chasewood North Subdivision, Lake Zurich Illinois

The market statistics for home sales  in  Lake Zurich IL  for the month of  January 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  down a little  for single family homes and  up for attached single family homes.   Average Sale Price of homes sold is  down for single family homes and  up for attached single family homes, but our LP/SP ratio is about  even for single family homes and  down 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  December 08  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,  the same as 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

6

Attached homes

9

Attached homes

4

Avg LP Sold Avg LP Sold
Detached homes

345648

Detached homes

402580

Attached homes

278878

Attached homes

298100

Avg SP Avg SP
Detached homes

387000

Detached homes

391916

Attached homes

280156

Attached homes

284125

SP/LP Ratio SP/LP Ratio
Detached homes

94%

Detached homes

97%

Attached homes

94%

Attached homes

95%

Avg MT Sold Avg MT Sold
Detached homes

134

Detached homes

159

Attached homes

279

Attached homes

42

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

159

     
Attached homes

41

     
Homes Selling Per Month:
Detached homes

12

     
Attached homes

5

     
Lake Zurich  Currently Has:
Detached homes

13    

Months of Inventory Active now
Attached homes

8    

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 AgentBarrington – Deer Park Real Estate Expert and surrounding areas

847-620-5815    julie@homesbyjulieanne.com

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