MyMarketPulse (mymarketpulse.com) just released its analysis of the March 2024 market data for Lake County, Illinois.

March 2024’s data reveals a Median Sale Price of $410,000 for homes in Lake County. This figure represents a growth of 5.7% month-over-month and a 20.6% year-over-year decrease.

Sales of homes in the region saw 413 homes changing hands. This represents an increase of 24.8% from the month before and down 17.7% compared to the same month last year.

Additionally, the Median Days on Market for listings was observed at 48 days, 22 days shorter compared to the previous month and shorter by 12 days from last year.

With the Market Pulse Score sitting at 88, the trend in Lake County’s housing market seems to be falling.

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.

MyMarketPulse – What the Pros Know

MyMarketPulse (mymarketpulse.com) just released its analysis of the March 2024 market data for Lake County, Illinois.

The Median Sale Price for properties in Lake County was documented at $410,000 for March 2024. This price point is an upward move of 5.7% from the previous month and shows a 20.6% rise from the year before.

The area witnessed the sale of 413 homes during this period, which is a 24.8% increase from the preceding month and a decrease of 17.7% compared to the same timeframe last year.

The Median Days on Market for homes in Lake County stood at 48 days, which is a decrease of 22 days days over the previous month and down by 12 days day from the previous year.

The Market Pulse Score for Lake County comes in at 88, pointing to a declining trend within the local real estate market.

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.

MyMarketPulse – What the Pros Know