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Lake County Gazette

Monday, November 25, 2024

Lotus Woods home prices rise in the second quarter of 2019

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The median sale price of a home sold in the second quarter of 2019 in Lotus Woods rose by $65,117 while total sales increased by 50%, according to BlockShopper.com.

From April through June of 2019, there were six homes sold, with a median sale price of $159,250 - a 69.2% increase over the $94,134 median sale price for the same period of the previous year. There were four homes sold in Lotus Woods in the second quarter of 2018.

The median sales tax in Lotus Woods for the most recent year with available data, 2017, was $2,879, approximately 1.8% of the median home sale price for the second quarter of 2019.

The following table compares Lotus Woods 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)
Park City25-60%$186,250$155,00020.2%
Winthrop Harbor3341-19.5%$185,000$175,0005.7%
Long Lake17166.3%$183,000$120,25052.2%
Beach Park594920.4%$180,000$157,00014.6%
Williams Park20-$177,499.50$0-
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%

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