How is the current market in Island Lake, IL?

Picture of Newberry Village Pond and Entrance, Island Lake, IL

Island Lake  IL Market Conditions:

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

We currently have 99 Single Family homes on the market in Island Lake that are active and available.

•·     They have been on the market for an average of 263 days.

•·     The average list price is $263,308.

•·     During the past 3 months, 22 Single Family homes in Island Lake have successfully closed with the help of their Realtors.  They took an average of 152 days on the market to get SOLD.

•·     The average list price of the SOLD Single Family homes in Island Lake was $213,873 and the average SOLD price was $205,430. 

•·     The successfully closed Single Family sales in Island Lake  took an average of 228 days on the market.

•·     With the help of their REALTORS, successful sellers in Island Lake have been getting 96% of their asking prices!

We are still experiencing a Buyer's Market in Island Lake.  It is a GREAT time to buy!!

 We currently have 45 Attached homes on the market in Island Lake  that are active and available.

•·     They have been on the market for an average of 159 days.

•·     The average list price is $171,671.

•·     During the past 3 months, 11 Attached homes have successfully closed in  Island Lake with the help of their Realtors.   They took an average of 85 days on the market to get SOLD.

•·     The average list price of the SOLD Attached homes in Island Lake is $150,098 and the average SOLD price is $137,763.

So, on the average over the past 3 months, Attached homes in Island Lake  have been getting an average of just under 92% of their list prices, with the help of their Realtors.

We are still experiencing a Buyer's Market in Island Lake.  It is a GREAT time to buy!!

WOW-SOLD-A granite kitchen for only 153,000!

By the way, if you know of someone that could benefit from my high level of service, please do not hesitate to 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.  

I appreciate YOU and your referrals!

 Information deemed accurate and reliable but not guaranteed. Source MRED MLS.