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 button, complete 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
|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|
|SCHAEFFER||$846,500||1,179,000||298||3/2/2009||COUNTRY CLUB MEADOWS|
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 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 firstname.lastname@example.org. 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.
THE JUDY GREENBERG GROUP
Coldwell Banker Residential Brokerage
THE GROVES OFFICE
4192 IL Route 83 #F – Long Grove, IL 60047
Oh, by the way, I'm never too busy for referrals!