How is the current real estate market in Crystal Lake in McHenry County IL?

How is the current real estate market in Crystal Lake, IL?

We are still experiencing a Buyer's Market in Crystal Lake. It is a GREAT Time to buy!

Crystal Lake is located in McHenry County in Northern Illinois.

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

We currently have 582 Single Family homes on the market in Crystal Lake that are active and available.

***47 of the 582 Active Single Family Homes on the market in Crystal Lake, IL are either Foreclosures, Pre-Foreclosures, Short Sales, REO's or Bank Sales. 15 of the 63 closed real estate single family homes in Crystal Lake in the past three months have been either Foreclosures, Pre-Foreclosures, Short Sales, REO's or Bank Sales, and 19 of the currently pending and contingent homes detached homes for sale in Crystal Lake are also distressed sales.

* They have been on the market for an average of 254 days.

* The average list price is $364,880.

During the past 3 months, 63 Single Family homes have successfully closed with the help of their Realtors.

They took an average of 232 days on the market to be SOLD.

* The average list price of the SOLD Single Family homes for sale in Crystal Lake, IL is $266,949 and the average SOLD price is $244,358.

So, on the average, Single Family homes in Crystal Lake, IL have been getting an average of 92% of their list prices, with the help of their Realtors.

We currently have 146 Attached homes on the market in Crystal Lake that are active and available.

***16 of the 146 Attached Homes on the market in Crystal Lake, IL are either Foreclosures, Pre-Foreclosures, Short Sales, REO's or Bank Sales. 4 of the 15 closed real estate attached homes in Crystal Lake in the past three months have been either Foreclosures, Pre-Foreclosures, Short Sales, REO's or Bank Sales, and 2 of the currently pending and contingent condo and towwnhomes homes for sale in Crystal Lake are also distressed sales.

* They have been on the market for an average of 204 days.

* The average list price for attached homes for sale in Crystal Lake is $176,350 .

During the past 3 months, 15 Attached homes have successfully closed in Crystal Lake, IL with the help of their Realtors.

They took an average of 150 days on the market to be SOLD.

* The average list price of the SOLD Attached homes is $154,390 and the average SOLD price is $148,105 .

So, on the average Attached homes in Crystal Lake have been getting an average of 96% of their list prices, with the help of their Realtors.

Information deemed accurate and reliable but not guaranteed. Source MRED MLS.

There are fabulous buys on the market....now is a GREAT time to buy real estate in Crystal Lake, IL, especially for MOVE UP Buyers, Waterfront Buyers, Vacation and Second Home Buyers, Investors and First Time Buyers!

If I can be of assistance to you, please do not hesitate to call or email me.

It will be my pleasure!

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My Direct Number at the Office is 847.516.6760 I look forward to the opportunity to earn your business.