How is the current market in The McHenry Area, IL?

How is the current market in The McHenry Area, IL?

This report also includes statistics for McHenry County Areas:

Holiday Hills / Johnsburg / McHenry / Lakemoor / McCullom Lake / Sunnyside / Ringwood.

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

• We currently have 648 Single Family homes on the market in The McHenry Area that are active and available.
• They have been on the market for an average of 226 days.
• The average list price in The McHenry Area is $326,893.
• During the past 3 months, 70 Single Family homes have successfully closed with the help of their Realtors. This only represents 48% of the market that have had success. They took an average of 159 days on the market to get SOLD.
• The average list price of the SOLD Single Family homes is $218,350 and the average SOLD price is $204,723.

So, on the average Single Family homes in The McHenry Area have been getting an average of 94% of their list prices, with the help of their Realtors.

• We currently have 141 Attached homes on the market in The McHenry Area that are active and available.
• They have been on the market for an average of 183 days.
• The average list price is $185,176.
• During the past 3 months, 22 Attached homes have successfully closed with the help of their Realtors. This represents 59% of the market that have had success. They took an average of 142 days on the market to get SOLD.
• The average list price of the SOLD Attached homes is $163,954 and the average SOLD price is $155,351.

So, on the average Attached homes in The McHenry Area have been getting an average of 95% of their list prices, with the help of their Realtors.

We are still experiencing a Buyer's Market in The McHenry Area.

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