Homes Sold in Buffalo Grove in March 2010

By
Real Estate Sales Representative with Coldwell Banker-Buffalo Grove-Long Grove-Vernon Hills-Deer Park-Barrington-Mundelein

Homes Sold in Buffalo Grove

This is the latest Market Data Report for Buffalo Grove Homes from RANWC Year to Date for Single Family Homes and Detached Single Family Homes in Buffalo Grove.

View the full RANWC report here.

  • 41 Single Family homes have sold in Buffalo Grove through March 2010 verses 26 homes sold in 2009 which is an increase of 57.7
  • The Average Sale Price in Buffalo Grove for single family homes through March 2010 is $303,817 verses $342,179 in March 2009 which is an 11.2% decline in pricing.
  • The Medium Sale Price in Buffalo Grove for single family homes through March 2010 is $284,000 verses $$293,750 which is a 3.1% decline in pricing.
  • 34 attached single family homes have sold in Buffalo Grove through March 2010 verses 19 homes sold in 2009 which is an increase of 78.9%.
  • The Average Sale Price in Buffalo Grove for attached single family homes through March 2010 is $147,010 verses $171,211 in March 2009 which is 14.1% decline in pricing.
  • The Medium Sale Price in Buffalo Grove for attached single family homes through March 2010 is $148,250 verses $173,000 in March 2009 which is a 14.3% decline in pricing.
  • The good news is that we have sold twice as many single family homes in Buffalo Grove year to date then in 2009. The decline in single family homes pricing is higher as the price range goes up as the numbers are showing in our charts. The first time buyers have taken advantage of the tax credit and are buying.

    The attached single family homes sales in Buffalo Grove have also increased considerably however we are experiencing a decline in pricing.

    This information should be very helpful to both buyers and sellers in understanding the Real Estate market in Buffalo Grove. If you are looking to move this year, interest rates will never be better and remember when you sell lower then you expect you will also buy lower as well, so the pricing will even out.

    You can go to our web site for a free MLS search and update, and if you are look for help to Avoid Foreclosure our website for Foreclosures and Short Sales will provide invaluable information to understand the process. I specialize in this area and would be glad to help you out and explain this process.

    Until Next Month, spring in on the way!

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    Re-Blogged 1 time:

    Re-Blogged By Re-Blogged At
    1. Marilyn Smith 04/15/2010 02:24 AM
    Topic:
    Real Estate Market Trends
    Location:
    Illinois Lake County Buffalo Grove
    Tags:
    buffalo grove homes
    homes sold in buffalo grove
    home in buffalo grove

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    Sharron Kelley

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