Buffalo Grove Real Estate Market Update - First Quarter of 2010
Great news! These are real signs finally that Buffalo Grove real estate sales are on the upswing. Don't' get me wrong, - this does not mean that prices are going up yet... but I think that they will creep up relatively soon in certain price ranges. In the first quarter of 2009, 29 homes sold in the first quarter and in the first quarter of 2010 43 homes sold. That's a huge increase!
Although the average selling price decreased from $346,641 to $335,495 this is probably due to the number of short sales and bank owned properties in Buffalo Grove. The average days on the market in Buffalo Grove is also decreasing and those homes that are staged and price right, you better hurry or you will miss out on buying your dream home. The last 2 homes in Buffalo Grove that I listed were under contract in less than 2 weeks.
This is very reassuring news for Buffalo Grove Sellers. If you are looking to put your home on the market this spring, it is best to do it now. As of today , there are only 24 days for a buyer to take advantage of the first time home buyer's credit and the repeat credit. Buyers- I think we have seen the bottom of the Buffalo Grove Real estate market for a while. Act now to get the Buffalo Grove home of your dreams!
Whether you are in the market to buy a home or to sell your current home in Buffalo Grove ,it is important to keep abreast of the Buffalo Grove market statistics (or at least to work with a Coldwell Banker Buffalo Grove agent who does)
The above article Buffalo Grove Real Estate Market Update - First Quarter of 2010 was written by Judy Greenberg, Realtor from Coldwell Banker Buffalo Grove
If you would like more information about the Chicago Northwest Suburbs,including Buffalo Grove, Lincolnshire, Long Grove, Vernon Hills, and Lake Zurich please do not hesitate to call me at 847-602-5435 or email me at firstname.lastname@example.org.
My websites, www.movetolonggrove.com , www.buffalogroveareahomes.com and my blog www.judygreenberg.com will provide you all the information regardless as to whether you are a potential buyer or seller!