12 Homes were sold in January 2010 verses 6 Homes in 2009.
The Medium sale price in January 2010 is $312,583 verses $351,067 in 2009 and is down 6.7%.
The chart below shows the market statistics for detached homes and highlights the surrounding towns closest to Buffalo Grove.
Is the Market Going to Turn Around in Lake County Illinois?
The good news is that Hawthorn Woods, Vernon Hills, Kildeer, Libertyville , and Long Grove pricing has gone up in January. This is great news for everyone, I know it is early in the year, howeve we are seeing the market pick up and homes are selling.
We just sold another home in the Buffalo Grove Rolling Hills subdivision www.1923Sheridan.com
As 2010 continues we can look forward to an upswing in real estate. I know that from last year this time, business is already picking up for me. Although last year was one of the worst for me in a long time, I was still able to top off as the #1 Agent at Coldwell Banker in Buffalo Grove and #3 in the Northwest Region.
As we see a small turn in the market, I am looking forward to a great year from myself, my fellow real estate agents, home buyers and home sellers.
Full Market Report Lake County Illinois Suburbs Detached (PDF)
Full Market Report Lake County Illinois Suburbs Attached (PDF)
I you are looking for more information about the Northwest Suburbs of Illinois including Long Grove, Buffalo Grove, Vernon Hills, Libertyville, Hawthorn Woods or Palatine give The Sharron Kelley Team a call at 847-980-0426 or email me at sharron@northernillinoishomes.com
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