real estate

Crystal Lake Homes and Real Estate – monthly update

by Matt Hernacki December 2, 2007 Crystal Lake

Single Family                     Townhomes/Condos

Total Listings: 526               Total Listings:  186

Available: 458                      Available:  137

Under Contract: 38              Under Contract:  49

Closed: 4                              Closed:  0

Avg Days:  151-191             Avg Days:  144-169

The townhome/condo market is fairing much better than single family where there is an extreme oversupply of listings available.  Over the Winter we should see more sellers who don’t really need to sell go off the market.  That …

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Cary, Illinois Homes Update – monthly activity

by Matt Hernacki December 2, 2007 Cary

Single Family                     Townhomes/Condos

Total Listings: 249               Total Listings:  60

Available: 224                      Available:  55

Under Contract: 21             Under Contract:  4

Closed: 4                              Closed:  1

Avg Days:  158-197             Avg Days:  83-324

The total number of available listings has come down, but there are still very few selling.  There is an increase in home under contract indicating there are some buyers out there.   Rates have also come down, I had one client …

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Palatine Real Estate – monthly market update

by Matt Hernacki December 1, 2007 Palatine

 

Single Family                    Townhomes/Condos

Total Listings: 316             Total Listings: 688

Available: 293                    Available: 470

Under Contract: 20           Under Contract: 28

Closed: 3                            Closed: 2

Active single family homes are averaging 200 days on the market, but note that the 3 homes that closed last month averaged only 62 days on the market.  This again points to proper pricing.  If you price well, it does …

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7889 Dunham, Downers Grove

by Deonna November 21, 2007 Just Listed

JUST LISTED!!! 

$444,900 4 bedrooms on just under an acre! 

See more photos and take the virtual tour:   http://misterhomes.com/06714633.ad

Search for listings!

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Roselle Market Update

by Matt Hernacki November 8, 2007 Roselle

Single Family                     Townhomes/Condos

Total Listings: 153               Total Listings:  135

Available: 119                      Available:  113

Under Contract: 22             Under Contract:  7

Closed: 12                             Closed:  15

Avg Days:  137-161              Avg Days:  99-173

This update is for the past 3 mos of activity.  As you can see there are still way too many listings available.  We may see some people who don’t really need to sell go off the market …

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Streamwood Market Update

by Matt Hernacki November 8, 2007 Streamwood

Single Family                     Townhomes/Condos

Total Listings: 328               Total Listings:  248

Available: 251                      Available:  196

Under Contract: 33             Under Contract:  21

Closed: 44                            Closed:  31

Avg Days:  128-143             Avg Days:  95-120

Market times here seem to be a touch shorter than in many areas.  Again, just price your property to sell when you first list it and you will be able to find the right buyer.

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Lake Zurich – single family home update

by Matt Hernacki November 2, 2007 Lake Zurich

 Take a look at the past 3 mos activity for Lake Zurich attached property as compiled from the Multiple Listing Service of Northern Illinois:

Total Listings – 213
#
Avg List
Avg DOM

Available
156
$436,973
164

Under Contract
21
$338,919
188

Closed
36
$375,260
112

Max
Min
Avg

List Price (213)
$999,000
$155,000
$416,875

Sale Price (36)
$885,000
$179,000
$359,580

It is starting to be the same story over and over.  Many listings, not many sales.  Consider these numbers if you need …

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Inverness Single Family home update

by Matt Hernacki November 2, 2007 Inverness

Take a look at the past 3 mos activity for Inverness single family homes as compiled from the Multiple Listing Service of Northern Illinois:

Total Listings: 90

Available: 78

Under Contract: 4

Closed: 8

The numbers continue to tell the story.  And in higher priced markets the news is usually worse in this type of market.  Average market times in Inverness are climbing.  …

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Elk Grove Village, Illinois Market Update – Single Family homes

by Matt Hernacki November 2, 2007 Elk Grove

The past 3 mos for single family homes in Elk Grove Village, Illinois have looked like this (data from MLSNI):

Total Listings: 188

Available: 129

Under Contract: 20

Closed: 39

Elk Grove appears to be doing better during this slow period.  Percentage wise there are more listings under contract and closed for the past 3 months than in many of …

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Bartlett Condo, Townhome Market Snapshot

by Matt Hernacki October 31, 2007 Bartlett

Take a look at the past 3 mos activity for Bartlett attached property as compiled from the Multiple Listing Service of Northern Illinois:

Total Listings: 167

Available:  129

Under Contract: 16

Closed: 22

Just as in most other towns, we are seeing an over supply of listings. 

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