Buffalo Grove Real Estate January 2010 compared to January 2009
As a Buffalo Grove realtor, everywhere I go, people are asking me how is the real estate market doing? Before I answer this 64 dollar question, I want to pose to them one question, are you a potential buyer or a potential seller? At this time I can honestly say that it looks that 2010 is going to a better year than 2009 for both buyers and sellers
Here are the January 2010 Buffalo Grove Illinois real estate facts compared to the January 2009 Buffalo Grove Illinois real estate facts!
How do 2010 Buffalo Grove statistics compare to the 2009 Buffalo Grove real estate statistics?
Although the average Buffalo Grove sales price in 2010 is $30,000 less than the 2009 average sales price, there were twice as many homes sold in January 2010 than in January 2009. Also, the average days on the market in 2010 is less than 1/2of the days on the market in 2009. What does this mean? Buffalo Grove seller's are beginning to grasp the current real estate market and are pricing their homes to sell fast rather than stay on the market for an extended period of time.
I think that it is a wonderful time to sell if you are looking for a great opportunity to buy - If you are upsizing, the loss that you are incurring on your sale will be recouped if you are buying a more expensive home.
If you do not own anything it's a wonderful time to buy too. With the extended tax credits in place and interest rates approx 5% for a conventional loan - there are some amazing opportunities in Buffalo Grove Illinois
So How is the Market in Buffalo Grove? I think it's great for buyers and for those sellers who price their home aggressively.! The market in Buffalo Grove Illinois is filled with opportunities!!
Whether you are in the market to buy a home or to sell your current home in Buffalo Grove it is important to keep abreast of the Buffalo GRove market statistics (or at least to work with a Coldwell Banker Buffalo Grove REALTOR who does.)
The above article Buffalo Grove Real Estate- January 2010 sales in Buffalo Grove are 2x as much as 2009! was written by Judy Greenberg, Realtor from Coldwell Banker Buffalo Grove
If you would like more information about the Chicago Northwest Suburbs,including Wheeling Buffalo Grove, Lincolnshire, Long Grove, Vernon Hills, and Lake Zurich please do not hesitate to call me at 847-602-5435 or email me at info@buffalogrovehomes.com.
My websites, www.movetolonggrove.com , www.buffalogroveareahomes.com and my blog www.judygreenberg.com will provide you all the information regardless as to whether you are a potential buyer or seller! 
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