Judy Greenberg Group- Real Results: March 2009

Long Grove Real Estate - 2009 Closed Real Estate Sales in Long Grove from January 1st until March 21st

 

Are you curious as to what Long Grove sales were for the first few months of 2009. Are you looking to buy or sell in Long Grove in the next few months?

Whether you are in the market to buy a home or to sell your current home, it is important to keep abreast of market statistics (or at least to work with a knowledgeable REALTOR who does). Newspapers, national magazines, and television news report on regional and national trends, but don't do a very good job of explaining the local real estate market in Long Grove, Il.    The number of new housing starts nationwide or the percentage increase in foreclosures or short sales in the entire state  or for that matter the United States has very little, if any, bearing on how quickly your Long Grove, Il  home is worth in the subdivisions of  Prairie Trails, Long Grove, Herons Landing,Long Grove or  the Estates of Oak Hills in Long Grove. 

Everywhere I go these days, people are asking me the same question, how is the real estate market in the Long Grove  doing?   My answer is always dependent  on where or in which segment of the market  you are talking about?  For example, the first time home buyer market is as strong or stronger than ever.    Also homes in desirable neighborhoods, can sell within a few days if the homes are situated in a great location, updated and priced correctly or even aggressively. 

Do you live next door to someone who just sold their house and  you wanted to know the sales price?Since it would be considered a faux pas to ask your new neighbors what they paid for their home, just click on the neighbor's house  green buttoncomplete the data on the form including the entire address and I will be happy to provide  you with the information you are looking for. 

 


 Closed Sales in  Long Grove through March 21st 2009

Street Name Listing Price Orig List Price Market time Closed Date

Long Grove Subdivision

 
MIDDLESAX $340,000 359,900 52 1/6/2009    
ARLINGTON HEIGHTS $419,300 599,998 21 3/17/2009    
BLACK WALNUT $465,000 624,900 408 3/17/2009 PROMONTORY  
Cripple Creek $525,000 639,900 334 3/20/2009 INDIAN CREEK CLUB
VALLEY VIEW $650,000 759,000 30 3/12/2009 FIELDS OF LONG GROVE
Lenox $690,000 714,900 56 1/14/2009 RAVENNA  
SCHAEFFER $846,500 1,179,000 298 3/2/2009 COUNTRY CLUB MEADOWS
LITCHFIELD $885,000 1,049,900 544 2/17/2009 RAVENNA  
      218      
             
             

                      

To recap, these 8 homes in Long Grove sold for 81 percent of the asking price in an average of 218 days on the market.  Additionally, there are 4 more homes  in Long Grove under contract as of this date.  However there are 128  additional homes currently active on the market.  My feeling is that unless you price your home aggressively, it will take you a long time to sell.  If you notice, half the homes in the area took over a year to sell.  

If you are looking for a home in a particular subdivision of Long Grove, Illinois I have provided with a detail analysis of each particular neighborhood

If you want more information regarding specific real estate sales in the Long Grove,  please do not hesitate to call me at 847-602-5435 or email me at info@buffalogrovehomes.com.  Additionally, if you would like to rent a home in Long Grove,I can help you with that also.      Please check out my websites at www.movetolonggrove.com, www buffalogroveareahomes.com, www.buffalogrovehomes.com and www.judygreenberg.com

 

 

 

 

The above blog post was written by Judy Greenberg.

 

If you are looking to buy or sell a home in the Chicago Northwest Suburbs, you have come to the right place...  Call or text me at 847-602-5435
 


THE JUDY GREENBERG GROUP

Coldwell Banker Residential Brokerage
THE GROVES OFFICE
4192 IL Route 83 #F – Long Grove, IL 60047
847-602-5435

info@buffalogrovehomes.com
 

Oh, by the way, I'm never too busy for referrals!

 

 

 

Comment balloon 1 commentJudy Greenberg • March 23 2009 09:28PM
Long Grove Real Estate - 2009 Closed Real Estate Sales in Long Grove…
share
Are you curious as to what Long Grove sales were for the first few months of 2009. Are you looking to buy or sell in Long Grove in the next few months? Whether you are in the market to buy a home or to sell your current home, it is… more
Vernon Hills opens new restaurant… Roti!
share
Vernon Hill will soon be opening a new restauant(roti) on Route 45 just west of Milwaukee, right next to the new starbucks. If you click on link and register you may be eligible for a free meal. Roti will serve all sorts… more
Chicago Northwest Suburbs -Route 53 extension in Lake County
share
Residents of Lake County in the Chicago Northwest Suburbs will be able to vote for the first time on April 7th on whether they think the proposed extension of Route 53 in the county is a good idea. The County has placed an advisory… more
Chicago Northwest Suburbs- Buffalo Grove tutor has openings for…
share
Does your child need extra help in math, reading, writing, science or social studies? Cheryl Keller, a Buffalo Grove resident, now has openings to tutor your elementary aged children after school and evenings. She individualizes the… more
Realtor who specializes in Adlai Stevenson High School in Homes
share
Are you looking for a home in Adlai Stevenson High School in Lincolnshire? Many of my clients from all over the world email me that they want to live in District 125, the Stevenson High School District. Whether you have children or not,… more