MyMarketPulse (mymarketpulse.com) has unveiled its analysis for February 2024, focusing on the property market trends in Lake County, Illinois.
The report shows that the Median Sale Price in Lake County reached $390,000 as of February 2024, marking an increase of 6.80% over the previous month and a 25.80% rise compared to a year ago.
A total of 326 homes were sold in the region, indicating an increase of 0.90% from last month and a drop of 14.00% when compared with a year ago.
The Median Days on Market was 70 days, up 7 days from the previous month and up 2 days from the prior year.
With a Market Pulse Score of 83, the analysis suggests a falling trend in Lake County’s housing market momentum.
For more information about the Lake County, Illinois market, visit MyMarketPulse.com.
MyMarketPulse is a free service of Digital Build Team (DBT, DigitalBuildTeam.com). Its goal is to help everyone quickly understand and compare real estate markets by providing timely data and visual analysis to help explain current market trends and predict future opportunities.
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