Posts Categorized: Market Insights

Buffalo Grove Real Estate Market – March Healthy

Buffalo Grove Real Estate Market – March Healthy

The Buffalo Grove real estate market is healthy through the first quarter of 2016 with some key indicators pointing to a breakout April and May. Inventory remains very tight, market times are up slightly, new listings and homes under contract are well above last year’s pace. Single Family Homes Average Market Time The time a… Read more

Addison Real Estate Market – March a bit Sluggish

Addison Real Estate Market – March a bit Sluggish

Addison Real Estate Market The Addison real estate market is healthy but a bit sluggish for March 2016. Inventory is super tight, market times are up slightly, new listings  and closings are down over this time last year. Days on Market The time a home stays on the market in Addison is 137 days which… Read more

Buffalo Grove Real Estate Market: Results for February were Solid

Buffalo Grove Real Estate Market: Results for February were Solid

Buffalo Grove Real Estate Market Update After an extremely solid 2015, Buffalo Grove Real Estate Market Trends for Single Family Homes have had a very solid start to 2016. Here are the February highlights with trend charts below. Months of Supply of Homes for Sale From an inventory perspective, average Months of Supply of Homes… Read more

Elmhurst Real Estate Market:  February Finished Fine

Elmhurst Real Estate Market: February Finished Fine

Elmhurst Real Estate Market:  February Finished Fine The Elmhurst Real Estate market has been pretty healthy over the last few years with increasing sales, decreasing distressed sales and low inventory. Elmhurst Closings In the graph below, we see that 24 single family homes and 2 attached dwellings closed in February. Compare that to the 29 single family home… Read more