Lake Zurich, IL water tower

Single Family                                          
Active listings:   180
Under contract:  24         
Sold & Closed:   149
Average days on market: 343

Condo/Towhomes
Active listings:  35
Under contract:  3
Sold & Closed:  27
Avg days on market:  191

Lake Zurich homes have been at the mercy of this buyer’s market for most of 2009.  While the first time homebuyer tax credit has kept the market going this year, it looks as though Lake Zurich will see about the same amount or a little fewer overall sales and activity it did during 2008.  That being said, there have been consistently more and more home in Lake Zurich going under contract which is a good improvement.  If you’re considering buying a home or townhome in Lake Zurich, now is a great time.  

Data from MRED MLS for 1/1/09 – 10/31/09 closed listings.