The snapshot below is showing real estate trends in Mount Prospect, IL compiled from MLS.
The current average listing price in Mount Prospect is $247,258. Slightly higher compared to the average sold price at the end of 2010. As I type the average market time is 258 days and there are more than 100 homes available from $200,000 - $400,000 price range. If you are thinking of buying a home in Mount Prospect, don't wait, as we can see there were 462 homes sold in 2010 compared to 422 in 2009. The highest sold home in 2010 was $600,000 while there are 8 homes currently on the market from $600,000-$1,000,000.
If you are thinking of buying or selling in Mount Prospect, feel free to contact me for any real estate needs you may have. No obligation comparable market analysis is available if you are thinking of selling your home. Getting ready to buy? I'll send you current listings on the market with correct listing status (the listing could be already sold!). Many buyers are surprised that the home they liked online is already under contract.
Few other local reports on my blog:
Park Ridge, IL real estate market trends 06-10
Skokie, IL real estate market trends 06-10
Glenview, IL real estate market trends 05-09
Morton Grove, IL real estate market trends 05-09
Niles, IL real estate market trends in 2009