How is the current market in Lake In The Hills, McHenry County IL?

As of this morning, per MRED MLS, for the past 3 months:

•· We currently have 287 Single Family detached homes on the market in Lake In The Hills that are active and available. The current inventory of available homes for sale in Lake In The Hills has decreased slightly since my last market report.

•· They have been on the market for an average of 177 days.

•· The average list price in Lake In The Hills is $289,593.

•· During the past 3 months, 52 Single Family homes have successfully closed with the help of their Realtors. This only represents 56% of the market that have had success. They took an average of 131 days on the market to get SOLD.  More homes have closed and market time of the sold properties has decreased in Lake in the Hills since my last report.  This is good news!

•· The average list price of the SOLD Single Family homes is $237,510 and the average SOLD price is $227,511.

So, on the average Single Family homes in Lake In The Hills have been getting an average of 96% of their list prices, with the help of their Realtors.

•· We currently have 139 Attached homes on the market in Lake In The Hills that are active and available.

3213 Harvard

•· They have been on the market for an average of 181 days.

•· The average list price is $187,209.

•· During the past 3 months, 26 Attached homes have successfully closed with the help of their Realtors. This represents 58% of the market that have had success. They took an average of 110 days on the market to get SOLD.

•· The average list price of the SOLDAttached homes is $169,052 and the average SOLD price is $162,571.  The average sale price of attached homes in Lake In The Hills has decreased but so has the market time since my last report.

So, on the average Attached homes in Lake In The Hills have been getting an average of 96% of their list prices, with the help of their Realtors.

We are still experiencing a Buyer's Market in Lake In The Hills, McHenry County, IL.  There are fabulous buys....now is a GREAT time to buy real estate in Lake In The Hills!

If I can be of assistance to you, please do not hesitate to call or email me. It will be my pleasure! By the way, if you know of someone that could benefit from my high level of service, please call or email me with their name and daytime phone number and I will make sure to follow up and take great care of them. My business keeps growing from your referrals.

I can be reached at my direct number at the office: 847.516.6760. I look forward to hearing from you!

 

Theresnoplacelikeyourplace.com

 

Posted Thursday Jun 19

 
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2 Comments on How is the current market in Lake In The Hills, McHenry County IL?

AUG
21
2008
390,207 Points 1 Featured Post Localism Sponsor Outside Blog

We had friends that lived in the Fox River area....nice place to be. Your time on the market is similar to ours, unless they are priced to move.

4:38pm • #1
AUG
23
2008
Localism Sponsor

Terry, thanks for your comment.  It is a really nice area by the Fox River, and Lake In The Hills is also a beautiful community.  Most sellers do have to price to sell in this market.

1:16pm • #2

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Debra Kukulski-CDPE;GRI;ABR;RECS;e-PRO Real Estate Expert Northern Illinois

Cary, IL

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Re/Max Unlimited Northwest

Address: 7107 Pingree Road, (Rt. 14 & Pingree), Crystal Lake, IL, 60014

Office Phone: (847) 516-6760

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General real estate, local information and personal opinions and active listings in McHenry County, Lake County, Kane and Cook Counties, Waterfront Homes, Riverfront Homes, Cary, Barrington in IL

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