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Vernon Hills Market Trends for February 2015

By
Real Estate Sales Representative with RE/MAX Suburban

Vernon Hills Market Trends for February 2015

Vernon Hills home sales for the month of February decreased in volume by 9.5% when compared to last year, while the median sale price rose by 38.2% from $225,000 to $311,000. The number of Single Family homes sales rose by 16.7%, while the median sale price decreased by 8.6% from $448,750 to $410,000. Condo/townhome sales decreased by 20%, while the median sale price decreased by 5.9% from $146,000 to $137,450.

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The data relating to real estate for sale on this website comes in part from the Broker Reciprocity program of Midwest Real Estate Data LLC. Real Estate listings held by brokerage firms other than MRED Smart-Frame IDX Demo are marked with the MRED Broker Reciprocity logo or the Broker Reciprocity thumbnail logo (the MRED logo) and detailed information about them includes the names of the listing brokers. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. Information Deemed Reliable but Not Guaranteed. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

© 2015 Midwest Real Estate Data LLC. All rights reserved.

Median Sale Prices for Vernon Hills

297k
306k
295k
225k
174k
216k
280k
348k
260k
300k
223k
243k
262k
172k
264k
311k
11/13 12/13 1/14 2/14 3/14 4/14 5/14 6/14 7/14 8/14 9/14 10/14 11/14 12/14 1/15 2/15

Number of Sales for Vernon Hills

16
33
16
21
29
23
33
48
39
41
34
34
30
31
38
19
11/13 12/13 1/14 2/14 3/14 4/14 5/14 6/14 7/14 8/14 9/14 10/14 11/14 12/14 1/15 2/15

Real Estate Sales for February in Vernon Hills

  February Year to Date (Jan 1 - March 11)
  2014 2015 Change 2014 2015 Change
Homes Sold 21 19 -9.5% 44 62 +40.9%
(Single Family) 6 7 +16.7% 19 25 +31.6%
(Condos/Townhomes) 15 12 -20% 25 37 +48%
Median Sale Price $225,000 $311,000 +38.2% $260,000 $278,500 +7.1%
(Single Family) $448,750 $410,000 -8.6% $410,000 $369,000 -10%
(Condos/Townhomes) $146,000 $137,450 -5.9% $162,000 $135,000 -16.7%
Days on Market 33 39 +18.2% 33 57 +72.7%
(Single Family) 15 60 +313.8% 33 86 +160.6%
(Condos/Townhomes) 37 39 +4.1% 33 39 +18.2%
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HomesByMarco has sold 139 homes in Vernon Hills

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