Lake Zurich Real Estate Trends & Statistics

Lake Zurich Median List Price

$299,900

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Lake Zurich Market Snapshot

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	Today	1 Month Ago		1 Year Ago
Total Inventory	96	101	5%	130	26%
Median List Price	$299,900	$289,900	3%	$265,000	13%
% Distressed Movoto defines distressed properties as any property that has an agent note in the MLS that defines the property as "Bank Owned", "In Foreclosure", "Short Sale" (where the owner is trying to sell at a price below the mortgage balance to avoid foreclosure) or "REO" (a term used to indicate the property is bank owned).	5%	5%		11%
Median DOM	42	58	28%	70	40%
Median House Size	2,200	2,146	3%	1,806	22%
Median $/Sqft	$145/sqft	$143/sqft	1%	$144/sqft	1%

	Today	1 Month Ago		1 Year Ago
Total Inventory	80	79	1%	113	29%
Median List Price	$305,000	$294,900	3%	$270,000	13%
% Distressed Movoto defines distressed properties as any property that has an agent note in the MLS that defines the property as "Bank Owned", "In Foreclosure", "Short Sale" (where the owner is trying to sell at a price below the mortgage balance to avoid foreclosure) or "REO" (a term used to indicate the property is bank owned).	5%	5%		11%
Median DOM	37	55	33%	72	49%
Median House Size	2,200	2,179	1%	1,834	20%
Median $/Sqft	$148/sqft	$151/sqft	2%	$149/sqft	1%

	Today	1 Month Ago		1 Year Ago
Total Inventory	16	22	27%	17	6%
Median List Price	$279,900	$279,900		$199,870	40%
% Distressed Movoto defines distressed properties as any property that has an agent note in the MLS that defines the property as "Bank Owned", "In Foreclosure", "Short Sale" (where the owner is trying to sell at a price below the mortgage balance to avoid foreclosure) or "REO" (a term used to indicate the property is bank owned).	6%	5%		12%
Median DOM	84	90	7%	48	75%
Median House Size	2,146	2,125	1%	1,800	19%
Median $/Sqft	$129/sqft	$130/sqft	1%	$119/sqft	8%

Lake Zurich Market Data

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	10/12	11/12	12/12	1/13	2/13	3/13	4/13
Price Reductions	25	18	20	24	28	23	24
New Listings	30	15	24	29	35	39	65
Sold/Expired	51	52	38	48	47	55	51

	10/12	11/12	12/12	1/13	2/13	3/13	4/13
Price Reductions	22	16	17	20	24	19	22
New Listings	28	13	21	22	32	31	58
Sold/Expired	49	50	35	37	38	44	45

	10/12	11/12	12/12	1/13	2/13	3/13	4/13
Price Reductions	3	2	3	4	4	4	2
New Listings	2	2	3	7	3	8	7
Sold/Expired	2	2	3	11	9	11	6

Lake Zurich, Illinois real estate market statistics are calculated by Movoto every day from various sources so that you can stay up-to-date with trends in the Lake Zurich homes for sale market. Movoto displays information on foreclosures, short-sales, and REO (real estate owned) properties in both charts and graphs so that you can see the percentage of distressed listings in Lake Zurich. Movoto is your comprehensive source for Lake Zurich property information. We try to display data that is as accurate as possible, but we cannot guarantee the accuracy of our statistics. The data on this page is for informational purposes only.

Lake Zurich, IL Market Overview

Inventory: 96 Recently Sold: 51 New Listings: 65 Distressed: 5

Lake Zurich's home resale inventories decreased slightly, with a 5 percent decrease since April 2013. Distressed properties such as foreclosures and short sales remained the same as a percentage of the total market in May. The median listing price in Lake Zurich went up from April to May. There were a total of 3 price increases and 24 price decreases.

Updated: 05/01/2013

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Nearby Homes for Sale

24400 Echo Lake Rd, Lake Zurich, IL