What Sold in Your Village in January 2018

There were many closings in January throughout the villages. This means that the usually quiet months of October through December were busy last year - including many high-end homes that sold and closed. Included in the reports (click on your village to access report) is the absorption rates which have lowered dramatically over the past 15 months. At one time, Kenilworth's absorption rate was about 18 months and is down to 7 months. That is still considered a buyer's market but it's still a remarkable and hopeful change.