In a previous real Vernon Hills real estate post, I wrote about the top 10 questions, my real estate clients ask me when relocating to Vernon Hills. I have had great feedback with this blog( I have reprinted it below) since it is a wonderful resource if you are thinking of moving to Vernon Hills. Many people contacted me asking for statistics regarding the number of homes for sale, so I presented those statistics below.
I have also recently analyzed the Vernon Hills real estate data for the first 7 1/2 months of August. At the end of August, I will post which homes sold and went undercontract during the month.
Presently there are 137 homes on the market; Most of the homes on the real estate market are between $350,000 and $700,000. The average home price on the market is $550,266. There are relatively fewer homes for sale between $200,000 and $350,000 since the first time home buyer market in Vernon Hills is relatively still strong, The first time buyer doesn't have anything to sell and thus it is easier to purchase their first home.
Vernon Hills Real Estate active listings. August 2008
Reprint of Previous Blog Post.....
Are you considering moving to the Vernon Hills area? Vernon Hills, Illinois currently has great real estate for sale and like most cities today,it is definitely a buyer's market.
Allow me to give you an overview of Vernon Hills and the top 10 questions my real estate clients ask when they are relocating to the Vernon Hills area.
Where is Vernon Hills located as it relates to Chicago?
Vernon Hills, Illinois is located in Lake County about 30 Miles Northwest of Chicago. If you are driving on the toll way from Chicago to Vernon Hills, you would exit off of Route 60 and head west. Vernon Hills is approximately 45 minutes without any traffic to Chicago's downtown and with traffic, your guess is a good as mine.
How convenient is it to park at the Vernon Hills Train Station and what is the Vernon Hills train's schedule?
The Vernon Hills train station is located at 75 East Rt 45 in Vernon Hills,
With respect to parking, its both relatively inexpensive and convenient. The daily fee for parking at the Metra Station is $1.50 per vehicle. Parking is first come first serve. The Vernon Hills Village Hall offers a 2-Month parking pass for those who use the train on a daily basis that prefer to have the convenience of a pass rather than a $1.50 in change. The pass costs $50.00 and covers 2 months at a time. Note, however, that the fee will be pro-rated as each week passes within the two-month period. Applications may be mailed into the Vernon Hills Village Hall along with a $50.00 check a week to two weeks prior to the beginning of a new two-month period. Your application will be processed and a parking pass will be mailed back to you. Click here for the Vernon Hills train schedule
How is the real estate market doing in Vernon Hills?
Just like real estate in other locations, it definately is a buyer's market in Vernon Hills. There are Real estate opportunities in all facets of the community. If you are considering buying a single-family detached home, condominium, townhouse or land for a custom house, this is the time to take advantage of the real estate market.
What is the average selling price of a home in Vernon Hills?
For the first 7 1/2 months of 2008 the average selling price of a home in Vernon Hills was $494,123
Vernon Hills Real Estate Sales from January 1 2008 to August 15, 2008
Vernon Hills Real Estate Sales from January 1 2007 to August 15,2007
What can we conclude from these two charts. In 2007 122 houses sold in Vernon Hills compared to only 89 houses that sold in 2008. The other 33 homes are still sitting on the market because the seller isn't understanding that the market isn't the same as it was 2 years ago. By not reducing their price appropriately, the sellers will just chase the current real estate market not be part of it.
My advice to you.....
If you are a buyer, there are many more homes to choose from and sellers may come down in price in order to beat the competition. It definately is the time to buy real estate. If you are a seller, you need to stage your home and price it to sell! Many of the homes I list sell within the first month that they are listed since I price the home correctly from the start.
How are the Schools in Vernon Hills?
The Schools in Vernon Hills are excellent! The following is a list of the schools that serve the homes in Vernon Hills. Before buying real estate in one of the Vernon Hills neighborhoods, always check the school report card of the specific school to see if it fits the needs of your family.
SCHOOLS SERVING VERNON HILLS
ELEMENTARY AND PRIMARY SCHOOLS
Daniel Wright Junior High District 103(5-8) - 847-295-1560
Diamond Lake Elementary District 76(2-4) - 847-566-6601
Fairhaven School District 76(K-1) - 847-949-0991
Laura B. Sprague District 103(K-2) - 847-945-6665
West Oak Middle School District 76(5-8) - 847-566-9220
Hawthorn Aspen Elementary School District 73(K-6) - 847-990-4300
Hawthorn Townline Elementary School Dist 73(K-5) - 847-990-4900
Hawthorn Elementary North District 73 (K-5) - 847-990-4500
Hawthorn Elementary South District 73 (K-5) - 847-990-4800
Hawthorn Middle School North District 73 (6-7) - 847-990-4400
Hawthorn Middle School South District 73(6-8) - 847-816-8317
Libertyville High School District 128- 847-327-7000
Mundelein High School District 120- 847-949-2200
Stevenson High School District 125- 847-634-4000
Vernon Hills High School District 128- 847-932-2000( see picture on the right)
CATHOLIC HIGH SCHOOL
Carmel High School Private
What health clubs are available in Vernon Hills?
Soon the town of Vernon Hills will be getting one of the best fitness clubs, Lifetime Fitness located at 680 Woodlands Parkway. Many of my real estate clients have already signed up for this fitness club and it hasn't even opened. Vernon Hills residents can also use Sullivan Center which has fitness equipment and a variety of classes offered
That goes without saying in Vernon Hills... There are numerous places to shop in Vernon Hills, and many residents of nearby communities take advantage of the village's abundant shopping opportunities. Whether you like Macy's, Best Buy, Home Expo, or Supertarget, Vernon Hills has it all,
How would you rate the Vernon Hills Park District?
Vernon Hills Park Districtwas recognized in excellence in 2006 and I can understand why. The Vernon Hills Park District doesn't miss a beat. Vernon Hills Residents can take advantage of many wonderful park district programs, including, an aquatic center and 2 golf courses- both a 9 hole course and a 18 hole course, I have played both of these courses and have been equally challenged by the 9 hole course as the 18 hole course.
Besides golf courses, Vernon Hills provides fishing, outdoor skating and sledding in many different locations
Vernon Hills owns approximately 45 acres of land between Fairway Drive and Route 45. Three school districts, Libertyville H.S. District 128, Stevenson H.S. District 125, and Lincolnshire/Prairie View District 103, have portions of the site for use as athletic fields. 7.5 are were used for a road right-of-way to connect Fairway Drive with Route 45 The remainder of the village's parcel has been used to develop active and passive recreational facilities including soccer fields, ball diamonds, tennis courts, football fields, field hockey fields, a skateboard park, volleyball courts, bike paths and water features. Below is a picture of the Vernon Hlls football team practicing on one of the fields in August.
What about activities for Seniors?
Vernon Hills has an active Senior population with many activities all year round.The Vernon Hills Seniors Organization meets in the lower level of the Village Hall in the Senior Center. The Seniors Center offers a library, computers with internet capability, pool tables, television, meeting place as well as a kitchen. Members meet regularly to play bridge, pinochle and Mah Jong as well as watch movies and celebrate birthdays.
Can you think of any other reasons I would consider moving to Vernon Hills?
Vernon Hills prides itself with lakes, ponds, and forest preserves. Vernon Hills boasts over 400 acres of parklands. I don't live in Vernon Hills, but it is just a stone's throw away from my house. I take advantage of all that Vernon Hills has to offer, and have rode my bike numerous times through the Vernon Hills forest preserves, a wonderful place to spend time both for exercise, and to enjoy the beautiful scenery. Every year Vernon Hills sponsors a wonderful Concert in the Park Series in the month of June, July and August. It's a wonderful time to enjoy great music in a relaxed atmosphere.
If you decide that Vernon Hills is one of the cities that you would like to live, click on www.movetovernonhills.com and you will be able to view all the available real estate listings. Whether you are interested in single family homes, townhomes, condos, or land to build your dream home, www.movetovernonhills.comwill be a great real estate site dedicated to find you the perfect home or real estate for investment. Www.movetovernonhills.com allows for you to narrow down your real estate search by price, location, number of rooms, school district etc.
Even if you are not ready to purchase your dream home, Vernon Hills has many rental opportunities from gorgeous penthouse condos to 4000 square feet homes.
Once you have determined that Vernon Hills is best location for you to find a realtor, you will have to find a real estate agent who knows the market.
If you want more information regarding specific real estate sales in the Vernon Hills area please do not hesitate to call me at 847-602-5435 or email me at email@example.com . I can help you in the purchase or sale of a Vernon Hills Condo, Vernon Hills Townhouse, Vernon Hills single family home or a Vernon Hills rental. I am available 24/7 to make appointments!