Helpful Info

Long Grove Real Estate Housing Market Information

This past year had been very challenging for owners of Long Grove and the surrounding towns. The chart on this page is from Wagner Appraisals and the numbers are taken from our Multiple Listing Service.

The monthly supply of homes in Long Grove, Lake Zurich, Hawthorn Woods and Kildeer has decreased in the last 3 months from about 15 months to 12 months on average. What needs to be taken into consideration is that in 3 months 8% of those homes have been foreclosures and short sales.

The days on the market is continuing to increase while the inventory of homes is going down, this can be due to the short sales and foreclosures. So it now comes down to pricing your home right in this market to spark interest in your property, because everyone has a lot of competition out there.

On another note the banks will now only let us use sold properties as comparables from the last 6 months. The short sales and foreclosures are going to affect the bottom line price of your home. While this may not be the news you want to hear, it is very important to understand this when looking to sell or buy a Long Grove home.

If the home does not appraise at the purchase price, the buyer can not get a loan. Please do contact me and I can further explain any questions that you have regarding the buying or selling process. We have the information you need and would love the opportunity to help you out.

To View The Full Housing Market Report Click Here (PDF)

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Vernon Hills: End Unit Townhouse in Bayhill of Greggs Landing

Vernon Hills Townhome in Greggs Landing SOLD!

Great Vernon Hills ranch 2 bedrooms, 2 bathroom end unit townhouse in Bayhill of Gregg’s Landing. The bright and open floor plan and 10 ft ceilings make the home.

The gourmet kitchen with all stainless steel appliances and granite tops opens up to the family room with an entertainment niches and fireplace.

The oversized master bedroom suite has a large walk-in closet and luxury master bathroom. Close to shopping and transportation this home is priced to sell.

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Buffalo Grove Home in the Mirielle Subdivision, Feeds Into Stevenson!

Buffalo Grove Home SOLD!

Rarely available Buffalo Grove home located in Mirielle subdivision with 4 bedrooms and 2.1 bathrooms. The home features volume ceilings and an open floor plan.

The master bedroom suite has french doors, a separate sitting room and a luxury master bathroom with a garden tub, separate shower and dual vanities.

The full finished basement features a recreation area, game room and an office. With a great location, featuring professional landscaping and great schools this home is a perfect 10!

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Buffalo Grove Home in Canterbury Fields, Feeds into Stevenson!

Buffalo Grove Home SOLD!

Wonderful 4 Bedroom, 3.1 Bathroom custom home with upgrades throughout the house including a full finished basement.

Exquisite Luxury Living Room and Family Room with expansive upscale space soaring ceilings and a custom layout and decor.

Fabulous gourmet kitchen with a huge center island, newer appliances and a large eating area. Don’t miss the master bedroom suite with an exquisite full luxury bathroom including a separate shower, tub and vanities.

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Mundelein Home In Longmeadow Estates Sold in 33 Days!

Mundelein Home SOLD in Longmeadow Estates!

Gorgeous 5 Bedroom, 3 Bathroom Rental Located in Longmeadow Estates of Mundelein. This House Features Tons of Upgrades, Everything in the House is Newer & Has Full Finished Basement.

The Gourmet Kitchen is Spacious With a Large Eating Area & Opens Up to The Expansive Family Room with a Fireplace.

The Luxury Master Suite Includes a Walk-in Closet and a Luxury Spa Bathroom With a Separate Shower & Garden Tub.

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Island Lake Home in Island Lake Sold, Highest Priced Ranch!

Island Lake Home Sold!

Great 3 Bedroom, 3 Bathroom House with gorgeous Location on a wooded lot with a park adjacent to the home.

The whole house has been redone with new windows, siding, roof, deck, skylights, light fixtures, floors, doors and much more.

The gourmet kitchen features hickory cabinets, new appliances and countertops and opens to the expansive living room.

The full finished basement includes a top notch wet bar, a full bathroom, a bedroom and a recreation room.

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