Crystal Lake Real Estate Market Update – Feb ’08

Here is the latest for Crystal Lake homes and Real Estate:

Single Family                                             Condo/Towhomes
Active listings:  528                                    Active listings:  155
Under contract:  52                                   Under contract:  19
Sold & Closed:  7                                        Sold & Closed:   3
Average days on market:  214              Average days on market:  183

In Crystal Lake we have an increase of homes that are actively on the market.  This is typical as more people want to get their homes on the market for Spring.  But more listings also went under contract last month which is a sign the market is improving and coming out of a very slow Winter.  That will lead to more closings in coming months.  I am also seeing more sellers price accurately when the first come on the market to attract a buyer faster.  

If you’re considering buying, don’t miss this great opportunity.  Rates are low and prices are fantastic.  

Tagged as: Crystal Lake homes, for sale, listings, market, mls, new construction, real estate, single family, townhomes