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Barrington & Deer Park IL Real Estate Market Statistics for Dec 2007 vs Dec 2008

By Julie Anne

Real Estate Agent with Keller Williams

January 07, 2009 11:21 PM

December freeze on pond in Deer Park IL

The market statistics for home sales in Barrington IL and Deer Park IL zip code 60010 for the month of December 07 vs 08.

The current inventory of homes for sale in Barrington, Deer Park Illinois Zip Code 60010 is down about 8% vs as last month and sales this month over last month down about 25% for single family homes and 85% for attached single family homes. Our average LP of sold homes is up for single family homes and down for attached single family homes Nov vs Dec. Average Sale Price of homes sold is up this month vs last for single family homes and up for attached single family homes, but our LP/SP ratio is up about 6% for single family detached homes and the same for attached single family homes. The average market time for homes sold in the Barrington, Deer Park 60010 zip code has gone down for single family homes in Barrington and Deer Park and down for attached single family homes in the last month over November market times for homes sold.

The homes that are selling in Barrington, Deer Park zip code 60010 area are higher in price this year over last for single family detached homes a flip from last months figures, but attached homes are up also continuing from last month.

If you would like clarification of these figures or if you want to take advantage of this once in our lifetime market great for first time home buyers, investors or anyone moving up, look at our website http://www.homesbyjulieanne.com/ and search for homes available in the Barrington, Deer Park, Lake Zurich, Palatine and surrounding areas. Or contact us and we will help you find the best home for the money or sell your home in the Barrington, Deer Park and surrounding areas at the highest price possible in this market.

12/01/2007 - 12/31/2007		12/1/2008-12/30/2008


Sold#			Sold#
Detached	18		Detached	10
Attached	2		Attached	5

Avg LP Sold			Avg LP Sold
Detached	812072		Detached	734078
Attached	289400		Attached	238180

Avg SP			Avg SP
Detached	742278		Detached	692328
Attached	272000		Attached	219630

SP/LP Ratio			SP/LP Ratio
Detached	91%		Detached	94%
Attached	94%		Attached	92%

Avg MT Sold			Avg MT Sold
Detached	244		Detached	186
Attached	218		Attached	188

Absorption Rate

Barrington & Deer Park Current Inventory of Homes On Market:
Detached	528	-8%
Attached	86	-8%

Homes Selling Per Month:
Detached	10	-25%
Attached	1	-85%

Barrington & Deer Park Currently Has:
Detached	52	Months of Inventory Active now
Attached	86	Months of inventory Active now


*Information compiled from the MLS, not guaranteed