Lake In The Hills, McHenry County IL-How Is The Current Market?

How is the current market in Lake In The Hills, McHenry County IL?

As of this morning, per MRED MLS, for the past 3 months:

• We currently have 320 Single Family detached homes on the market in Lake In The Hills that are active and available.
• They have been on the market for an average of 171 days.
• The average list price in Lake In The Hills is $302,802.
• During the past 3 months, 31 Single Family homes have successfully closed with the help of their Realtors. This only represents 49% of the market that have had success. They took an average of 127 days on the market to get SOLD.
• The average list price of the SOLD Single Family homes is $257,672 and the average SOLD price is $244,934. (The average closed market price has INCREASED since my last report!)

So, on the average Single Family homes in Lake In The Hills have been getting an average of 95% of their list prices, with the help of their Realtors.

• We currently have 158 Attached homes on the market in Lake In The Hills that are active and available.
• They have been on the market for an average of 154 days.
• The average list price is $191,188.
• During the past 3 months, 17 Attached homes have successfully closed with the help of their Realtors. This represents 57% of the market that have had success. They took an average of 117 days on the market to get SOLD. (Market time has decreased for the closed listings!)
• The average list price of the SOLD Attached homes is $188,740 and the average SOLD price is $182,679.

So, on the average Attached homes in Lake In The Hills have been getting an average of 97% of their list prices, with the help of their Realtors.

We are still experiencing a Buyer's Market in Lake In The Hills, McHenry County, IL.

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