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Homes Sold in Glenview (September 2011)

You earned it. You bought it. You loved it. Now you want to sell your Glenview home.

Last month, 55 Glenview homeowners sold their homes. Of homes that sold for $500.0 or more (shown below), 10 homes sold in 3 months or less, and all of those homes sold within 12% of list price.

What does the future hold for Glenview real estate?

Only this …

You can’t change the past.

You cannot predict the future.

You can only deal with the present.

I know this isn’t the answer you were looking for.

But if I told you anything else — like real estate is about to explode and prices will skyrocket through the roof — you wouldn’t believe me.

I could tell you to sell now by arguing the market will get even worse next year.

But I really don’t know what the market will be like next week much less 12 months from now.

I could tell you to wait until the market bounces back.

But I don’t know when it’ll bounce back. Or bottom out. Or how fast … or slow … the recovery will be when it finally happens.

This I do know.

When the market reaches bottom, it could take less than 10 years to regain the top. Or more than 30 years. Or anything in between.

(c) Judy Chapman ALL RIGHTS RESERVED

Data provided by the Midwest Real Estate LLC (MRED) multiple listing service and includes properties listed and sold by various participants in the MLS. Data supplied does not reflect all market activity in the area.

More Glenview statistics

700Current Homes for Sale

55Total Homes Sold Last Month

13 Months Required to Sell Current Inventory

Posted Monday Oct 24