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Buffalo Grove Real Estate Housing Market Statistics for February 2010!

By
Real Estate Sales Representative with Coldwell Banker-Buffalo Grove-Long Grove-Vernon Hills-Deer Park-Barrington-Mundelein

This is the latest Market Data Report for Buffalo Grove Homes from RANWC Year to Date:

22 homes were sold through February 2010 verses 15 homes in 2009 which is a 46.7% increase.

The Average sale price through February 2010 is $311,364 verses $353,660 which is down 12.5%

The Medium sale price through February 2010 is $292,000 verses $267,000 in 2009 which is up 9.3%.

The attached chart shows the market statistics for detached homes and highlights the surrounding towns closest to Buffalo Grove.

The good news is that lower price range is moving up which is expected. The first time buyer is leading the market and is serious about purchasing as we do not for see the tax credit being extended again. The move up buyer is the market that is hardest hit and will take longer to recover.

In the next several weeks The Sharron Kelley Team will be introducing a new program that will help our clients attract new buyers to their homes and will be exclusive to our team. For more information please contact me at 847-465-3638. Until next time have a great month.

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To View The Full Year to Date Market Report for Detached Homes

To View The Full Year to Date Market Report for Attached Homes

To View The Full Month to Date Market Report for Detached Homes

To View The Full Month to Date Market Report for Attached Homes