Vernon Hills Real Estate Overview
Today, November 22, 2009
Market View for Vernon Hills
Info Avg. Listing Price $323,791 Wk ending Nov 10 -$6,421
-1.9%
w-o-w Median Sales Price $316,500 Aug '09 - Oct '09 -$13,500
-4.1%
y-o-y
| 227 | Homes For Sale | 2 | Open Homes |
| 172 | Recently Sold | 140 | Foreclosures |
Market Trends for Vernon Hills
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Average Listing Price $323,791 -1.9% w-o-w Median Sales Price $316,500 -4.1% y-o-y Average price/sqft $155 -12.4% y-o-y Number of Sales 76 -8.4% y-o-y More Vernon Hills Market Trends Select chart to embed: Average Listing Price Copy & Paste HTML to embed this graph in your website:
Info
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zip codes Avg. listing price
Week ending Nov 10
w-o-w
60010 $1,030,892 +2.5% 60035 $871,493 +1.2% 60045 $1,607,622 -0.3% 60048 $634,177 +0.6% 60047 $651,589 -1.3% Movers & Shakers Avg. listing price
Week ending Nov 10
w-o-w
60044 $875,348 -12.8% 60173 $269,804 +3.3% 60074 $216,610 -3.2% 60084 $325,452 +3.2% 60015 $715,254 -3.2% View Lake County Home Prices Map
Vernon Hills Summary
Average price per square foot for Vernon Hills IL was $155, a decrease of 12.4% compared to the same period last year. The median sales price for homes in Vernon Hills IL for Aug 09 to Oct 09 was $316,500 based on 76 home sales. Compared to the same period one year ago, the median home sales price decreased 4.1%, or $13,500, and the number of home sales decreased 8.4%.
There are currently 227 resale and new homes in Vernon Hills on Trulia, including 2 open houses, as well as 140 homes in the pre-foreclosure, auction, or bank-owned stages of the foreclosure process. The average listing price for homes for sale in Vernon Hills IL was $323,791 for the week ending Nov 10, which represents a decrease of 1.9%, or $6,421, compared to the prior week.
While many of the communities surrounding Buffalo Grove are experiencing quite a bit of depreciation the medium price range home sales in Buffalo Grove for the month of September 2008 to September 2009 are only down 0.7%. Please click on the link above and check out this chart to see the averages and sales in our surrounding towns. Please do remember to follow us on the web. I am always available for any questions. Have a Great Thanksgiving Holiday and I look forward to seeing those of you that ordered Pies this year on the 25h at our office.
•1. There is less competition for buyers.
•2. Winter prospects are more serious buyers.
•3. Your home looks better during the holidays.
•4. One of the highest percentages if "the listing sold" to "listing taken" occurs during this time of year.
•5. Expanded Home Buyer Tax Credit, for First-Time Home Buyers and Existing Home Buyers (specified criteria applies as defined by law).
•6. You may receive more money for your home now because you have less competition.
•7. Throughout the holiday season, you may restrict showings during your personal family events.
•8. Buyers have more time to look at homes during the holidays, especially during vacations.
•9. January is traditionally the biggest transfer month and you must be on the market to capture that market.
•10. By selling now you can have a delayed closing or extended occupancy until the beginning of the following year if you want it.
•11. When you sell during the winter you have an opportunity to buy during the spring, when many homes are on the market.
•12. You may have fewer actual showings, but more qualified and motivated prospects.
•13. Corporate transfers, who need to buy a home now, can not wait.
Lake Villa Great 3 Bedroom House Sold in Winddance
Property Type: Lake Villa Real Estate, Recently Sold
Click Here To View the Word Doc October 2009 SOLD Statistics for Detached Lake Villa Homes
Adorable Picture Perfect House with a Great Front Porch Overlooking the Expansive Front Yard that Wraps Around to the Huge Backyard With a Brick Paver Patio.
The Interior Features Include White Wood Doors & Trim, Vaulted Ceilings, a Palladium Window in the Dining Room & a 2 Story Entry.
The Kitchen is Open & Includes White Wood Cabinets, a Center Island, All Appliances, a Pantry, a Large Eating Area & it Expands into the Family Room.
The Master Bedroom Suite Has a Walk-in Closet & Bathroom with Garden Tub, a Double Shower & a Double Vanity. This House has a Great Location & is Really Nice. WOW!
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