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Lake County Gazette

Monday, November 25, 2024

Lake Catherine home prices fall in the second quarter of 2019

Realestate077

The median sale price of a home sold in the second quarter of 2019 in Lake Catherine fell by $55,750 while total sales remained unchanged with eight homes sold, according to BlockShopper.com.

From April through June of 2019, there were eight homes sold, with a median sale price of $99,500 - a 35.9% decrease over the $155,250 median sale price for the same period of the previous year. There were eight homes sold in Lake Catherine in the second quarter of 2018, as well.

The median sales tax in Lake Catherine for the most recent year with available data, 2017, was $4,065, approximately 4.1% of the median home sale price for the second quarter of 2019.

The following table compares Lake Catherine to other Lake County cities with similar median sales prices in the second quarter of 2019:

CityApr. - June 2019 Home SalesApr. - June 2018 Home Sales% change (Total Home Sales)Apr. - June 2019 Median Sales PriceApr. - June 2018 Median Sales Price% change (Median Sales Price)
Hainesville342630.8%$148,250$178,500-16.9%
Round Lake Heights9728.6%$145,000$149,900-3.3%
Waukegan20318310.9%$135,036$135,0000%
Venetian Village1718-5.6%$135,000$176,050-23.3%
Zion107111-3.6%$129,900$120,0008.3%
Round Lake Park16156.7%$126,000$105,00020%
North Chicago33323.1%$110,000$110,0000%
Lake Catherine880%$99,500$155,250-35.9%
Channel Lake73133.3%$75,000$210,000-64.3%
Mylith Park10-$73,000$0-
Lakemoor15966.7%$65,000$222,000-70.7%

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