This is the place to get those Northwest Suburban real estate questions answered!
Our Northwest Suburban inventory level has held steadily and going unchanged through July. Price
your Northwest Suburban home well, make sure it shines with staging and you will be rewarded with an offer. You've got slightly more competition now than earlier this year.
What about Prices? Prices have inched upwards from June and increased overall from 2013. All real estate is local so each different neighborhood and town is reacting differently to the market. Some subdivisions still have not had any sales since reaching market bottom. Can't have any prices increases if there are no listings to sell!
Average Days on the Market tells homeowners how long it's going to take to sell their home! Each market area is different but the days on market is virtually the same since June. If your home is currently on the market for over 90 days, buyers are telling you to change your price or change your condition!
We've been improving but overall sales have definitely slowed for sleepy and lazy July. All markets are behind total closed sales for 2013.
Looking for an agent that's a true market expert? I can zero in to your specific area and give you the current market details so you can make an informed decision and help your home sell faster. My experience plays an important role. I'm one of those unique people that will tell you how the market really is explaining the good with the bad.
Looking for a home in the area? Please give me a call or email me to talk about the possibilities. You will need current market strategies to get you into that new home.
Sources: MRED July Stats 2014
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