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LONG GROVE REAL ESTATE STATISTICS 2009- JUST THE FACTS!

By
Real Estate Sales Representative with Compass
Long Grove's Closed real estate sales from DECEMBER 2008 UNTIL FEBRUARY 15TH 2009

Are you curious as to what Long Grove real estate sales were at the end of  2008 and the first few months of 2009?



CLSD ADDRESS ORIGINAL CLOSED   DAYS ON Total #  BEDROOMS BATHS SHORT SALE
PRICE PRICE MARKET ROOMS
CLSD 3278 MIDDLESAX,  359,900 $340,000 52 10 3 2 YES
A/I 2304 OLD HICKS,  679,000 ? 159 8 3 3 YES
A/I 5113 ARLINGTON HTS 599,998 ? 74 11 4 4.1
CLSD 8079 ORCHARD 684,000 $500,000 212 9 4 2.1
A/I 5602 BLACK WALNUT 629,900 ? 416 8 3 2.1
CLSD 6207 Pine Tree 554,194 $554,194 27 9 5 3.1
A/I 6852 INDIAN CREEK 990,000 ? 617 12 4 3.1
CLSD 7223 Lenox 714,900 $690,000 56 10 5 5.1
FIN 6330 VALLEY VIEW 759,000 $759,000 41 10 3 4
CLSD 3134 SHAGBARK 849,000 $809,000 85 11 4 2.1
A/I 19309 TAHOE 874,999 ? 345 12 4 3.2
A/I 1722 HOLLY 1,329,000 ? 334 12 4 4.1 YES
A/I 1570 SCHAEFFER 1,179,999 ? 355 13 5 4.1
A/I 7258 LITCHFIELD 1,049,000 ? 574 9 4 3.1
A/I 4497 HAMELTON 1,099,000 ? 112 10 4 4.1
CLSD Lot 5 Wildspring 1,498,000 $1,298,000 319 15 5 5.1
CLSD 6750 LAKERIDGE 2,490,000 $1,595,000 330 17 5 5.2 YES
A/I 4986 TRILLIUM 2,100,000 ? 97 13 5 5.1

Whether you are in the market to buy a home or to sell your current home, it is important to keep abreast of market statistics (or at least to work with a knowledgeable REALTOR who does). Newspapers, national magazines, and television news report on regional and national trends, but don't do a very good job of explaining the local real estate market in Long Grove, Illinois  

To recap, in Long Grove, Illinois  8 of the home sales closed in this time period and another 10 went under contract.  For those homes that went undercontract and you want to know the actual sales price when it closes, just send me an email or give me a call and I will send the closed price to you.   Currently there are 123 homes currently active on the market.  What do these statistics mean to the sellers?  I try explain to my Long Grove sellers that it is very important to price your home right. One of the above Long Grove homes  took 617 days to sell.  If it was  priced correctly at the beginning, the seller  would have received closer to their asking price, in a much short time frame.

What do these statistics mean to the potential buyers of Long Grove.... Bottom line-There are great homes at substantially  reduced prices in Long Grove, Illinois. Call me and I can tell you about which homes are short sales, need more work, or are just plain gorgeous but at the same time are great deals.
 



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The above information regarding was provided by Judy Greenberg,a top realtor with Coldwell Banker Residential Brokerage, Buffalo Grove.

Her award winning websites, www.buffalogroveareahomes.com and www.buffalogrovehomes.com provide all the information regardless as to whether you are a potential buyer or seller.  Judy Greenberg has a passion for real estate and would love to share her marketing expertise. 

Judy can be reached at 847-602-5435 or via email at info@buffalogrovehomes.com. Judy  has helped people move in and out of  the Chicago Northwest  Suburbs. including Arlington Heights, Long Grove, Buffalo Grove, Lincolnshire, Vernon Hills, and Wheeling Illinois


Posted by

The above blog post was written by Judy Greenberg.

 

If you are looking to buy or sell a home in the Chicago Northwest Suburbs, you have come to the right place...  Call or text me at 847-602-5435
 


THE JUDY GREENBERG GROUP

Coldwell Banker Residential Brokerage
THE GROVES OFFICE
4192 IL Route 83 #F – Long Grove, IL 60047
847-602-5435

info@buffalogrovehomes.com
 

Oh, by the way, I'm never too busy for referrals!

 

 

 

Comments(2)

Gary Woltal
Keller Williams Realty - Flower Mound, TX
Assoc. Broker Realtor SFR Dallas Ft. Worth

Hi Judy. This is EXCEPTIONAL data you have pulled out for your Long Grove buyers and sellers. There's nothing better to talk about than reality. This is EXACTLY what is happening. More agents should do this by neighborhoods and towns by snippets of time windows like you did.

Feb 17, 2009 05:30 AM
Anonymous
Virginia Hepp

Just came from Brad's new post to check out your outside blog.

I like it - very diverse subjects!

Feb 21, 2009 06:53 AM
#2