Buffalo Grove Real Estate and Homes for sale
Market Update for Buffalo Grove Homes and Real Estate- last 3 months
02.24.2010
Single Family
Active listings: 132
Under contract: 39
Closed: 37
Avg days on market: 145
Condo/Coach home
Active listings: 158
Under contract: 21
Closed: 23
Avg days on market: 192
Townhome
Active listings: 110
Under contract: 16
Closed: 8
Avg days on market: 167
Buffalo Grove Real Estate is on its way to stabilizing. There is definitely an improvement in 2009 over 2008 for the all Buffalo Grove single family and townhomes. Last year the rate under contract was only about 10%. There are less on the market now than last year! Also the market time has reduced which is a great sign of a bottom. Buffalo Grove is a great area and will soon start to normalize along with the rest of the Northwest suburbs!
This data comes courtesy of MRED MLS and covers 1/1/09 to 10/31/09.
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