Long Grove Real Estate - 2009 Closed Real Estate Sales in Long Grove in last quarter of 2009
Are you curious as to what Long Grove sales were for the last months of 2009. Everyone else in Long Grove seems to be!
Whether you are in the market to buy a Long Grove home or to sell your current Long Grove home, it is important to keep abreast of market statistics (or at least to work with a knowledgeable Long Grove 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. The number of new housing starts nationwide or the percentage increase in foreclosures or short sales in the entire state have very little, if any, bearing on how quickly your Long Grove real estate is worth in the Ravenna, Herons Landing or BriarCrest.
Everywhere I go these days, people are asking me the same question, how is the real estate market in the Chicago Northwest Suburbs is 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.
Closed Real Estate Sales in Long Grove from October 1 through December 31 2009
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To recap, these 14 homes sold for 64 percent of the asking price in an average of over 365 days on the market. There are 118 homes currently active on the market. 14 of these homes are currently undercontract. My feeling is that unless you price your home aggressively, it will take you a long time to sell. If you notice, certain homes in the Long Grove area took over a year to sell.
If you are a Long Gove real estate buyer, it is definately time to find your dream home. I moved here 17 years ago, and it is a wonderful time to raise a family. You have the best of all worlds in Long Grove
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About the Author: The above information Long Grove Real Estate Market- Looking for the Real estate facts was written by Judy Greenberg. I can be reached via email at info@buffalogrovehomes.com or by phone at 847-602-5435. Have a home to sell in Long Grove Illinois or looking to buy in Long Grove? I have a passion for real estate and can help you buy or sell your home. My websites, www.buffalogrovehomes.com, and www.buffalogroveareahomes.com provide useful information if you are moving to Long the Chicago Northwest Suburbs |
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Judy It's obvious those were priced well at the outset sold a lot soner than those that weren't. I also stopped by to wish you a Happy, Healthy and Prosperous New Year.
Karen, that's such a great point that I accidentally left out. Make 2010 a perfect "10". Healthy, Happy and Prosperous Year for you and your family!
Judy, you're feeling that "unless you price you're home aggressively . . ." is right on. Karen's point is also very correct. If a consumer is ready to sell, price it right from the moment it comes on the market. There is far too many choices on the market today to play games with your price as a seller.
Have a great year, Judy. Hopefully we'll be able to do some business together this year.
Just wanted to wish you and your family a very Happy New Year!
Make 2010 great!
your friend in Charlottesville!