As a REALTOR in Highland Park Illinois I am often asked ..... "How is the Real Estate Market?" Obviously, my clients ask me this question but I am also asked this question by friends, family and/or acquaintances. I am asked this question at the grocery store, while I am walking my dog, at school functions, as a spectator at a sporting event, cocktail party- anywhere and everywhere.
The Highland Park IL Real Estate Market is quite lively and filled with great opportunities in all price points. Current interest rates are low - 30 year conventional fixed is at 4.875%. With the gorgeous weather and flowers in full bloom it's a wonderful time to consider a move!
Below is a snapshot of the Highland Park Real Estate Market:
There are 314 Single Family homes for sale in Highland Park IL ranging in list price of $100,000.00 - $8,500,000.00
There are an additional 68 homes that are under contract. The Real Estate Market in Highland Park IL has been very active with properties going under contract. The 68 single family homes range in list price of $134,000.00 - $3,800,000.00. Of the 68 single family homes 28 went under contract during the month of May.
Since the beginning of the year a total of 132 single family homes have closed. During the month of May a total of 38 homes closed. Of the 38 homes which closedin May four were foreclosures, five were short sales and the remainder 29 were traditional sales. The least expensive home sold for $175,000.00 and the most expensive home sold for $2,965,000.00.
The above article Highland Park IL Real Estate Market Update was written by Noah Levy- Highland Park REALTOR.
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