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Buffalo Grove Market Trends for November 2014

By
Real Estate Sales Representative with RE/MAX Suburban

Buffalo Grove Market Trends for November 2014

Buffalo Grove home sales for the month of November decreased in volume by 19.6% when compared to last year, while the median sale price rose by 8.1% from $209,500 to $226,500. The number of Single Family homes sales rose by 12.5%, while the median sale price decreased by 3.3% from $329,500 to $318,500. Condo/townhome sales decreased by 36.7%, while the median sale price stayed the same.

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The data relating to real estate for sale on this website comes in part from the Broker Reciprocity program of Midwest Real Estate Data LLC. Real Estate listings held by brokerage firms other than MRED Smart-Frame IDX Demo are marked with the MRED Broker Reciprocity logo or the Broker Reciprocity thumbnail logo (the MRED logo) and detailed information about them includes the names of the listing brokers. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. Information Deemed Reliable but Not Guaranteed. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

© 2014 Midwest Real Estate Data LLC. All rights reserved.

Median Sale Prices for Buffalo Grove

279k
221k
210k
209k
255k
205k
138k
311k
240k
227k
260k
257k
274k
266k
260k
226k
8/13 9/13 10/13 11/13 12/13 1/14 2/14 3/14 4/14 5/14 6/14 7/14 8/14 9/14 10/14 11/14

Number of Sales for Buffalo Grove

78
54
53
46
51
25
25
36
62
53
83
91
80
59
63
37
8/13 9/13 10/13 11/13 12/13 1/14 2/14 3/14 4/14 5/14 6/14 7/14 8/14 9/14 10/14 11/14

Real Estate Sales for November in Buffalo Grove

  November Year to Date (Jan 1 - December 17)
  2013 2014 Change 2013 2014 Change
Homes Sold 46 37 -19.6% 250 650 +160%
(Single Family) 16 18 +12.5% 115 300 +160.9%
(Condos/Townhomes) 30 19 -36.7% 135 350 +159.3%
Median Sale Price $209,500 $226,500 +8.1% $238,250 $250,000 +4.9%
(Single Family) $329,500 $318,500 -3.3% $320,000 $355,750 +11.2%
(Condos/Townhomes) $150,000 $150,000 0% $153,500 $164,450 +7.1%
Days on Market 24 33 +40.4% 20 23 +15%
(Single Family) 10 25 +150% 17 20 +14.7%
(Condos/Townhomes) 34 48 +43.3% 28 25 -10.7%

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