Here is what happened for the first month of ’08 for Crystal Lake homes and Real Estate:
Single Family Condo/Towhomes
Active listings: 472 Active listings: 165
Under contract: 40 Under contract: 27
Sold & Closed: 3 Sold & Closed: 1
Average days on market: 214 Average days on market: 178
In Real Estate we say, ‘Spring starts after the Super Bowl’. Right after the first of the year, activity in general picked up for showings, web site searches, and phone calls after being fairly dead for the month of December. Over the next couple of months we will see how much of this new activity turns into under contract and closed sales for Crystal Lake housing. And with great interest rates and listing prices fueling the market we should see more buying start to happen sometime this year.