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Lake County Gazette

Monday, November 25, 2024

Venetian Village home prices fall in the second quarter of 2019

Re 10

The median sale price of a home sold in the second quarter of 2019 in Venetian Village fell by $41,050 while total sales decreased by 5.6%, according to BlockShopper.com.

From April through June of 2019, there were 17 homes sold, with a median sale price of $135,000 - a 23.3% decrease over the $176,050 median sale price for the same period of the previous year. There were 18 homes sold in Venetian Village in the second quarter of 2018.

The median sales tax in Venetian Village for the most recent year with available data, 2017, was $3,590, approximately 2.7% of the median home sale price for the second quarter of 2019.

The following table compares Venetian Village 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)
Lotus Woods6450%$159,250$94,133.5069.2%
Round Lake Beach125131-4.6%$149,000$148,0000.7%
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%

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