This is the latest Market Data Report for Long Grove Are Including Kildeer and Hawthorn Woods Homes from RANWC Year to Date:
Thirty-six homes were sold through February 2010 verses 24 homes in 2009 which is a 50% increase over last year.
The Average sale price through February 2010 is $383,336 verses $410,054 in 2009 which is down 6.5%.
The Medium sale price through February 2010 is $331,500 verses $345,000 in 2009 which is down 3.9%.
The attached chart shows the market statistics for the detached homes and highlights the surrounding areas closest to the Long Grove Area.
The good news is that the lower price range is moving up which is expected in today’s economy. The first time buyer is leading the market and is serious about purchasing a home by April 30th. We do not expect the tax credit to be extended beyond this time. The move up buyer has been hit the hardest and we do expect that market to take longer to recover.
I do have some great news and we will be introducing a new program that will be extremely beneficial to all of our seller clients and will be exclusive to our team at Coldwell Banker. This new product will help us attract new buyers to their homes. If you would like more information please do contact us at 847-465-3630 or email at sharron@northernillinoishomes.com. Look for Sharron’s News and Views on a monthly basis.
What’s Going on in Long Grove, Kildeer and Hawthorn Woods?
To View The Full Year to Date Market Report for Detached Homes
To View The Full Year to Date Market Report for Attached Homes
To View The Full Month to Date Market Report for Detached Homes
To View The Full Month to Date Market Report for Attached Homes
