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Highland Park Illinois Real Estate Market Update

By
Real Estate Agent with Coldwell Banker

 

Highland Park Illinois Real Estate Market UpdateHighland Park Illinois Real Estate Market Update

Curious how the Highland Park Illinois Real Estate market is? Is it a good time to buy? Is it a good time to put your home on the market?

As a Real Estate Professional and a resident of Highland Park IL I am often asked questions about the Real Estate Market. I believe that 2010 is off to a great start!! Homes are selling, there are various buyers within various price points (who are actually ready to buy), interest rates are holding their own and the tax incentives  are a benefit to some buyers as well as sellers.

Currently there are 289 single family homes on the market - ranging from $139,000 - $8,930,000. A buyer who wants to move to Highland Park has a wide range of inventory to choose from not only in terms of price but also in terms of location and the condition of a home.

Additionally,  44 single family homes are under contract and 18 single family homes closed in January,2010.  Of the 18 homes that closed  only one home was a bank owned property the rest of the closed sales were conventional sales.  This is a positive sign for the Real Estate Market.

Are you planning on selling your home in 2010?  Before you do take a little bit of time in prepping your home  .  It's amazing what a few minor repairs and a fresh coat of paint can do to a home.   But don't wait too long -  the current Real Estate Market is active. 

Are you a buyer who plans on buying in 2010? Be sure to partner with a Real Estate Professional who works full time, knows the marketplace and understands your needs. A Real Estate Professional not only helps a  buyer find a perfect home they are there from start to close and will guide you throughout the entire process.

 

 

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For more information regarding homes for sale or listing your property  in Highland Park IL, Glencoe, Kenilworth, Wilmette, Winnetka, Deerfield and other surrounding Chicago North Shore suburbs check out my website Noahlevyhomes.com give me a call at 312.203.2416 or email Noah@NoahLevyHomes.com   Noah Knows Real Estate

I look forward to hearing from you!  

 

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Comments (1)

Judy Greenberg
Compass - Long Grove, IL
Compass- Long Grove -Buffalo Grove

It looks like Highland  Park is off to a good start!

Feb 03, 2010 10:56 AM