The Sharron Kelley Team» Buffalo Grove, Long Grove, Kildeer, Hawthorn Woods and Vernon Hills Homes-Real Estate

It is time for my monthly update for the Long Grove Area from the Northwest Realtor Association regarding the real estate market in Long Grove. The Realtor board combines the home sales of Hawthorn Woods, Long Grove and Kildeer as these towns share the same Zip Code and are of similar type of homes.

The good news is that sales are up in the Long Grove area through May of 2009. In 2009 there were 101 properties sold through May, and in 2010 we currently have 149 sold homes in and around Long Grove. This is an increase of 47.5% from last year. The other side is that the prices have decreased. The averages sales price has gone down 8.6% from $421,931 to $385,447. This would be due to the amount of short sales and foreclosures in our area.

Long Grove Real Estate is on the Upswing!

We now have a tax credit extension so anyone who had a home under contract and was not able to close by the deadline of June 30th will not have until October 30th to close. This will also help with the current inventory of homes that were sold in Long Grove, Hawthorn Woods, and Kildeer but unable to close before the deadline.

When working with buyers the one constant comment that always comes up is the School District and Stevenson High School helps keep our market stabilized. Stevenson is an award winning school and is a big draw for Long Grove Buyers.

For those of you who play Golf, Long Grove is surrounded by County Clubs and Golf Courses including Twin Orchards, Royal Melbourne, Kemper Lakes, and Hill Crest. Most of these areas have beautiful homes surrounding the Golf courses as well.

Long Grove Illinois is wonderful and if you are looking to buy or sell a Home in Long Grove contact Sharron Kelley your local Long Grove Realtor at Buffalo Grove Coldwell Banker Office at 847-465-3638, or email me at Sharron@northernillinoishomes.com . You can also visit my website at www.NorthernIllinoisHomes.com for all of your Long Grove real estate needs. Click here to search homes in Long Grove for FREE.

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Good News for Buffalo Grove Home Sales!

Alicia — Wed, 30 Jun 2010 20:02:36 +0000

The latest report from the Northwest Realtor Association regarding the Buffalo Grove Home Sales through May is looking good. Sales are up from 2009 and so is the number of homes that were sold in Buffalo Grove this year.

In 2009 we had 54 single family homes sold through May and this year we have 89 single family homes sold through May. That is an increase of 64.8%. The average sales price has gone up 2.3% from $339,323 to $347,062 as well. Most of the surround area’s are still in declining numbers so although this is a small increase in pricing, it is a major factor as to why people still favor Buffalo Grove when searching for a new home.

Buffalo Grove Home Sales are Recovering!

When working with buyers the one constant comment that always comes up is the School District in Buffalo Grove and Stevenson High School is a huge draw. The buyers would rather purchase a smaller home in Buffalo Grove then go for a larger home in the Northern Suburbs. That speaks volumes for our Buffalo Grove home values.

Buffalo Grove also has a great park district, sports for kids including Soccer, Baseball, Skating, Hockey, Tennis and anything else you can think of. It is a wonderful place to raise kids, and has easy access to the Metra for downtown commuting.

For those who like Golf there are two wonderful Buffalo Grove golf courses in the area, so you do not have to travel far to get on the links. You can also enjoy the surrounding Country Clubs in Long Grove if that is your fancy.

I love Buffalo Grove as you can see if you are looking to buy or sell a Buffalo Grove Home, call your local Buffalo Grove Realtor, Sharron Kelley out of Buffalo Grove Coldwell Banker at 350 Half Day Road 847-465-3638 or email me at sharron@northernillinoishomes.com. You can also visit my website www.NorthernIllinoisHomes.com for all of your Buffalog Grove real estate needs. Click here to search Homes in Buffalo Grove.