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South Holland Illinois Market Report

By
Real Estate Broker/Owner with Rice Prprty Mgmnt & Rlty, LLC, South Holland, IL 481.010183

Three (3) month Market Report for attached and detached residential properties located in  South Holland, Illinois, home of the Varsity Boys Basketball Class 2A State Champions!

Of the 49 units UNDER CONTRACT, the average market time has been 221 days with a median list price being $100,00, average list price, $114,886, Maximum, $259,900, and Minimum, $22,900, for a total volume of $5,629,406.  

Of the Active Listings:

 

Less than $149,999 95 193
$150,000 - $199,999 84 236
$200,000 - $249,999 30 231
$250,000 - $299,999 12 271
$300,000 - $349,999 2 297
$350,000 - $399,999 2 150
$400,000 - $449,999 1 77
$450,000 - $499,999 1 78

 Summary of Active Listings:

  • Number of units:  227
  • Average Market Time:  217 days  
  • Median Listed price:  $159,900
  • Average Listed price:  $163,407   
  • Maximum Listed Price:  $499,00
  • Minimum Listed price:  $32,600
  • Total Volume  $37,093,351

Sold Properties:

Less than $149,999 30 193
$150,000 - $199,999 2 110
$200,000 - $249,999 2 336

 Summary of Sold Properties (within last 3 months:    

# of units:  34, Avg Market time:  197, Median Sold Price:  $86,000, Average Sold Price:  $99,501, Max Sold Price: $222,000, Min Sold Price:  $24,000...

 And a Total Volume of $3,383,050 

Diane Rice, Broker/Owner of Rice Property Management & Realty, is located in South Holland, Illinois at 16262 Prince Drive.  She can be reached at 708-862-RICE (7424)

 

 

Jeff&Grace Safrin
F.C.Tucker 1st Team Real Estate - Valparaiso, IN
SpousesSellingHousesTM

Nice report for your area Diane - Our listings are like pregnancies LOL ( 9 months: ) unless priced below market value and pristine :)

Sincerely,

Grace

Mar 26, 2009 03:28 AM
Diane Rice
Rice Prprty Mgmnt & Rlty, LLC, South Holland, IL - Lansing, IL
SFR, SRES, CNC

Thanks for your support Grace... pregnancies... i like that quip!

Diane

Mar 26, 2009 03:32 AM
Gabrielle Kamahele Rhind
KGC Properties LLC, Tucson Property Management & Real Estate - Tucson, AZ
Broker/Owner

HI DIANE!  The average list price seems very reasonable -- interesting that they stay on the market so long.   In fact, all the prices seems fairly reasonable - nice to see what's happening in other areas! -- Gabrielle

Mar 27, 2009 08:31 AM
Diane Rice
Rice Prprty Mgmnt & Rlty, LLC, South Holland, IL - Lansing, IL
SFR, SRES, CNC

Hi Gabrielle!  Yes, the average prices are reasonable.  I believe the market length is due to the volume number of listings availabe.  Buyers take their time, sort through, and in doing that, pass over many.

Mar 27, 2009 12:32 PM