Buffalo Grove Home Sales Market Report for August of 2010

Real Estate Sales Representative with Coldwell Banker-Buffalo Grove-Long Grove-Vernon Hills-Deer Park-Barrington-Mundelein
The Buffalo Grove Real Estate Market is holding strong through August of 2010. From this time last year home sales are up 28.6% from 133 homes sold to 171 for Buffalo Grove Single Family Homes. Homes sales are up 26.1% from 115 homes sold to 145 for Buffalo Grove Townhomes and Condos. This is good news for sellers and buyers. With a medium sales price increase of 11.2% on detached homes sellers are getting more for their homes in 2010 than in 2009. Buyers can still take advantage of lower home sales prices, as they are still down from 5 years ago. Attached homes are down 11.1% for median sales prices. Townhomes and condos in the area are taking the biggest hit because these units have the highest amount of short sales and foreclosures.

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Sharron Kelley

Call or email me with any question you have at 847-980-0426
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