Wednesday, January 21, 2015

JANUARY 1 – JANUARY 31, 2015: SOLD & RENTAL DATA FOR NORTH SHORE OF ILLINOIS.*


THE NORTH SHORE OF ILLINOIS
........................................Units...DAYS on MARKET...Median Sold $.........TOTAL SOLD
Condo’s/Town Homes.....394.…............65.....…...............$200,000.................$93,559,545
Single Family……….......648….............93........................$451,000….............$364,960,910
TOTAL……………….1,042….…........82…………........$345,500……..…...$470,520,455

RENTALS
…………....................Units..... DAYS on MARKET…….Median Rental $....TOTAL VOLUME
........................................273..................45..……….…… $1,800…………….$583,212

DECEMBER 1 – DECEMBER 31, 2014
TOTALS…………….1,110………......88………..……..$331,030………….$470,349,611
Data provided by 2015 MRED, LLC, not Guaranteed. Fair Housing Compliant.


This Data Includes the Following Areas: Deerfield, Bannockburn, Riverwoods, Highland Park, Lake Forest, Lake Bluff, Lincolnshire, Northbrook, Glenview/Golf, Mundelein/Ivanhoe, Vernon Hills/Indian Creek and Buffalo Grove.
Overall existing-home sales for 2014, fell slightly below 2013, 5.1 million compared to 4.9 million for 2014. There is pent up synergy with sellers and buyers and the National Association of Realtors (NAR) is forecasting 2015 home sales will increase to 5.3 million with a continual upswing in 2016 to 5.4 million. Prices will remain at a healthy level of growth, with an anticipated 4 percent rise in 2015 and 2016.
The improving job market has consumers feeling more confident, and the rebound in home prices continues to build household wealth for homeowners while giving them the ability to sell after waiting the last few years.

If you are thinking about selling or buying a home in the North Suburbs of Chicago, please contact me:
PAM DEVENDORF, REALTOR at Coldwell Banker. Direct: (847) 681-4143, pam.devendorf@cbexchange.com

4th QUARTER SOLD DATA FOR BUFFALO GROVE, IL ~ OCTOBER 1st – DECEMBER 31st, 2014


BUFFALO GROVE, ILLINOIS
....................................Units…...DAYS on MARKET…….Median Sold $..........TOTAL SOLD
Condos/Townhomes.......85......................71.……...................$170,250.................$15,073,094
Single Family…..............80......................67............................$325,250….............$27,892,457

RENTALS:…............Units....... DAYS on MARKET…….Median Rental $........ VOLUME
.......................................43......................37......……...…........$1,800....……….....$82,425
Data provided by 2015 MRED, LLC, not Guaranteed. Fair Housing Compliant.

Overall existing-home sales for 2014, fell slightly below 2013, 5.1 million compared to 4.9 million for 2014. There is pent up synergy with sellers and buyers and the National Association of Realtors (NAR) is forecasting 2015 home sales will increase to 5.3 million with a continual upswing in 2016 to 5.4 million. Prices will remain at a healthy level of growth, with an anticipated 4 percent rise in 2015 and 2016.
The improving job market has consumers feeling more confident, and the rebound in home prices continues to build household wealth for homeowners while giving them the ability to sell after waiting the last few years.

If you are thinking about selling or buying a home in the North Suburbs of Chicago, please contact me:
PAM DEVENDORF, REALTOR at Coldwell Banker. Direct: (847) 681-4143, pam.devendorf@cbexchange.com

4th QUARTER SOLD DATA FOR VERNON HILLS/INDIAN CREEK, IL ~ OCTOBER 1st – DECEMBER 31st , 2014


VERNON HILLS/INIDIAN CREEK, ILLINOIS
....................................Units…...DAYS on MARKET…….Median Sold $..........TOTAL SOLD
Condos/Townhomes.......63......................62.……...................$138,000.................$11,129,257
Single Family…..............32......................55............................$349,000….............$12,430,239

RENTALS:…............Units....... DAYS on MARKET…….Median Rental $........ VOLUME
.......................................39......................47......……...…........$1,500....……….....$65,460
Data provided by 2015 MRED, LLC, not Guaranteed. Fair Housing Compliant.

Overall existing-home sales for 2014, fell slightly below 2013, 5.1 million compared to 4.9 million for 2014. There is pent up synergy with sellers and buyers and the National Association of Realtors (NAR) is forecasting 2015 home sales will increase to 5.3 million with a continual upswing in 2016 to 5.4 million. Prices will remain at a healthy level of growth, with an anticipated 4 percent rise in 2015 and 2016.
The improving job market has consumers feeling more confident, and the rebound in home prices continues to build household wealth for homeowners while giving them the ability to sell after waiting the last few years.

If you are thinking about selling or buying a home in the North Suburbs of Chicago, please contact me:
PAM DEVENDORF, REALTOR at Coldwell Banker. Direct: (847) 681-4143, pam.devendorf@cbexchange.com

4th QUARTER SOLD DATA FOR MUNDELEIN/IVANHOE, IL ~, OCTOBER 1st – DECEMBER 31st 2014


MUNDELEIN/IVANHOE, ILLINOIS
....................................Units…...DAYS on MARKET…….Median Sold $..........TOTAL SOLD
Condos/Townhomes.......29......................96.……...................$125,000.................$3,846,210
Single Family…..............98....................100............................$210,250….............$23,696,461

RENTALS:…............Units....... DAYS on MARKET…….Median Rental $........ VOLUME
.......................................37......................45......……...…........$1,500....……….....$58,729
Data provided by 2015 MRED, LLC, not Guaranteed. Fair Housing Compliant.

Overall existing-home sales for 2014, fell slightly below 2013, 5.1 million compared to 4.9 million for 2014. There is pent up synergy with sellers and buyers and the National Association of Realtors (NAR) is forecasting 2015 home sales will increase to 5.3 million with a continual upswing in 2016 to 5.4 million. Prices will remain at a healthy level of growth, with an anticipated 4 percent rise in 2015 and 2016.
The improving job market has consumers feeling more confident, and the rebound in home prices continues to build household wealth for homeowners while giving them the ability to sell after waiting the last few years.

If you are thinking about selling or buying a home in the North Suburbs of Chicago, please contact me:
PAM DEVENDORF, REALTOR at Coldwell Banker. Direct: (847) 681-4143, pam.devendorf@cbexchange.com

4th QUARTER SOLD DATA FOR GLENVIEW/GOLF, IL ~ OCTOBER 1st – DECEMBER 31st, 2014


GLENVIEW/GOLF, ILLINOIS
....................................Units…...DAYS on MARKET…….Median Sold $..........TOTAL SOLD
Condos/Townhomes.......71......................38.……...................$239,000.................$19,006,350
Single Family…..............91......................86............................$492,000….............$52,480,404

RENTALS:…............Units....... DAYS on MARKET…….Median Rental $........ VOLUME
.......................................34......................60......……...…........$2,398....……….....$88,105
Data provided by 2015 MRED, LLC, not Guaranteed. Fair Housing Compliant.

Overall existing-home sales for 2014, fell slightly below 2013, 5.1 million compared to 4.9 million for 2014. There is pent up synergy with sellers and buyers and the National Association of Realtors (NAR) is forecasting 2015 home sales will increase to 5.3 million with a continual upswing in 2016 to 5.4 million. Prices will remain at a healthy level of growth, with an anticipated 4 percent rise in 2015 and 2016.
The improving job market has consumers feeling more confident, and the rebound in home prices continues to build household wealth for homeowners while giving them the ability to sell after waiting the last few years.

If you are thinking about selling or buying a home in the North Suburbs of Chicago, please contact me:
PAM DEVENDORF, REALTOR at Coldwell Banker. Direct: (847) 681-4143, pam.devendorf@cbexchange.com

4th QUARTER SOLD DATA FOR NORTHBROOK, IL ~, OCTOBER 1st – DECEMBER 31st 2014


NORTHBROOK, ILLINOIS
....................................Units…...DAYS on MARKET…….Median Sold $..........TOTAL SOLD
Condos/Townhomes.......70......................62.……...................$279,500.................$21,288,334
Single Family…............111......................75............................$545,000….............$64,905,274

RENTALS:…............Units....... DAYS on MARKET…….Median Rental $........ VOLUME
.......................................32......................32......……...…........$1,925…...……......$64,375
Data provided by 2015 MRED, LLC, not Guaranteed. Fair Housing Compliant.

Overall existing-home sales for 2014, fell slightly below 2013, 5.1 million compared to 4.9 million for 2014. There is pent up synergy with sellers and buyers and the National Association of Realtors (NAR) is forecasting 2015 home sales will increase to 5.3 million with a continual upswing in 2016 to 5.4 million. Prices will remain at a healthy level of growth, with an anticipated 4 percent rise in 2015 and 2016.
The improving job market has consumers feeling more confident, and the rebound in home prices continues to build household wealth for homeowners while giving them the ability to sell after waiting the last few years.

If you are thinking about selling or buying a home in the North Suburbs of Chicago, please contact me:
PAM DEVENDORF, REALTOR at Coldwell Banker. Direct: (847) 681-4143, pam.devendorf@cbexchange.com

4th QUARTER SOLD DATA FOR LINCOLNSHIRE, IL ~ OCTOBER 1st – DECEMBER 31st, 2014


LINCOLNSHIRE, ILLINOIS
....................................Units…...DAYS on MARKET…….Median Sold $..........TOTAL SOLD
Condos/Townhomes.........5......................40.……...................$401,000.................$1,787,000
Single Family…..............14....................106............................$522,225….............$7,028,400

RENTALS:…............Units....... DAYS on MARKET…….Median Rental $........ VOLUME
.........................................3......................32......……...…........$3,000…...……......$7,450
Data provided by 2015 MRED, LLC, not Guaranteed. Fair Housing Compliant.

Overall existing-home sales for 2014, fell slightly below 2013, 5.1 million compared to 4.9 million for 2014. There is pent up synergy with sellers and buyers and the National Association of Realtors (NAR) is forecasting 2015 home sales will increase to 5.3 million with a continual upswing in 2016 to 5.4 million. Prices will remain at a healthy level of growth, with an anticipated 4 percent rise in 2015 and 2016.
The improving job market has consumers feeling more confident, and the rebound in home prices continues to build household wealth for homeowners while giving them the ability to sell after waiting the last few years.

If you are thinking about selling or buying a home in the North Suburbs of Chicago, please contact me:
PAM DEVENDORF, REALTOR at Coldwell Banker. Direct: (847) 681-4143, pam.devendorf@cbexchange.com

4th QUARTER SOLD DATA FOR LAKE BLUFF, IL ~, OCTOBER 1st – DECEMBER 31st 2014


LAKE BLUFF, ILLINOIS
....................................Units…...DAYS on MARKET…….Median Sold $..........TOTAL SOLD
Condos/Townhomes.......11......................70.……...................$151,500.................$1,726,400
Single Family…..............21....................106............................$600,000….............$16,770,400

RENTALS:…............Units....... DAYS on MARKET…….Median Rental $........ VOLUME
........................................14.....................48......……...…........$1,788…...……......$26,875
Data provided by 2015 MRED, LLC, not Guaranteed. Fair Housing Compliant.

Overall existing-home sales for 2014, fell slightly below 2013, 5.1 million compared to 4.9 million for 2014. There is pent up synergy with sellers and buyers and the National Association of Realtors (NAR) is forecasting 2015 home sales will increase to 5.3 million with a continual upswing in 2016 to 5.4 million. Prices will remain at a healthy level of growth, with an anticipated 4 percent rise in 2015 and 2016.
The improving job market has consumers feeling more confident, and the rebound in home prices continues to build household wealth for homeowners while giving them the ability to sell after waiting the last few years.

If you are thinking about selling or buying a home in the North Suburbs of Chicago, please contact me:
PAM DEVENDORF, REALTOR at Coldwell Banker. Direct: (847) 681-4143, pam.devendorf@cbexchange.com

4th QUARTER SOLD DATA FOR LAKE FOREST, IL ~ OCTOBER 1st – DECEMBER 31st, 2014


LAKE FOREST, ILLINOIS
....................................Units…...DAYS on MARKET…….Median Sold $..........TOTAL SOLD
Condos/Townhomes.......15....................129.……...................$475,000.................$8,018,100
Single Family…..............61....................184............................$780,000….............$67,629,850

RENTALS:…............Units....... DAYS on MARKET…….Median Rental $........ VOLUME
........................................20...................44........……...…........$3,225…...……......$78,475
Data provided by 2015 MRED, LLC, not Guaranteed. Fair Housing Compliant.

Overall existing-home sales for 2014, fell slightly below 2013, 5.1 million compared to 4.9 million for 2014. There is pent up synergy with sellers and buyers and the National Association of Realtors (NAR) is forecasting 2015 home sales will increase to 5.3 million with a continual upswing in 2016 to 5.4 million. Prices will remain at a healthy level of growth, with an anticipated 4 percent rise in 2015 and 2016.
The improving job market has consumers feeling more confident, and the rebound in home prices continues to build household wealth for homeowners while giving them the ability to sell after waiting the last few years.

If you are thinking about selling or buying a home in the North Suburbs of Chicago, please contact me:
PAM DEVENDORF, REALTOR at Coldwell Banker. Direct: (847) 681-4143, pam.devendorf@cbexchange.com

4th QUARTER SOLD DATA FOR HIGHLAND PARK, IL ~ OCTOBER 1st – DECEMBER 31st, 2014


HIGHLAND PARK, ILLINOIS
....................................Units…...DAYS on MARKET…….Median Sold $..........TOTAL SOLD
Condos/Townhomes.......18....................63.…….....................$300,000.................$5,794,300
Single Family…..............88....................86..............................$568,750….............$59,554,150

RENTALS:…............Units....... DAYS on MARKET…….Median Rental $........ VOLUME
........................................28...................43........……...…........$2,198…...……......$66,974
Data provided by 2015 MRED, LLC, not Guaranteed. Fair Housing Compliant.

Overall existing-home sales for 2014, fell slightly below 2013, 5.1 million compared to 4.9 million for 2014. There is pent up synergy with sellers and buyers and the National Association of Realtors (NAR) is forecasting 2015 home sales will increase to 5.3 million with a continual upswing in 2016 to 5.4 million. Prices will remain at a healthy level of growth, with an anticipated 4 percent rise in 2015 and 2016.
The improving job market has consumers feeling more confident, and the rebound in home prices continues to build household wealth for homeowners while giving them the ability to sell after waiting the last few years.

If you are thinking about selling or buying a home in the North Suburbs of Chicago, please contact me:
PAM DEVENDORF, REALTOR at Coldwell Banker. Direct: (847) 681-4143, pam.devendorf@cbexchange.com

4th QUARTER SOLD DATA FOR RIVERWOODS, IL ~ OCTOBER 1st – DECEMBER 31st, 2014


RIVERWOODS, IL.
............................Units….DAYS on MARKET…….Median Sold $.....TOTAL SOLD
Single Family….....15…..............93..............................$930,000……...$12,059,950

RENTALS: ........Units...... DAYS ON MARKET…Median Rental $....TOTAL
................................3...................49……..………….....$2,200………..$7,175
Note: There are only single family homes in RIVERWOODS, IL. Data provided by 2015 MRED, LLC, not Guaranteed. Fair Housing Compliant.

Overall existing-home sales for 2014, fell slightly below 2013, 5.1 million compared to 4.9 million for 2014. There is pent up synergy with sellers and buyers and the National Association of Realtors (NAR) is forecasting 2015 home sales will increase to 5.3 million with a continual upswing in 2016 to 5.4 million. Prices will remain at a healthy level of growth, with an anticipated 4 percent rise in 2015 and 2016.
The improving job market has consumers feeling more confident, and the rebound in home prices continues to build household wealth for homeowners while giving them the ability to sell after waiting the last few years.

If you are thinking about selling or buying a home in the North Suburbs of Chicago, please contact me:
PAM DEVENDORF, REALTOR at Coldwell Banker. Direct: (847) 681-4143, pam.devendorf@cbexchange.com

4th QUARTER SOLD DATA FOR BANNOCKBURN, IL ~ OCTOBER 1st – DECEMBER 31st, 2014


BANNOCKBURN, IL.
............................Units….DAYS on MARKET…….Median Sold $.....TOTAL SOLD
Single Family…......1….............138..............................$1,200,000……...$1,200,000

RENTALS: ........Units...... DAYS ON MARKET…Median Rental $....TOTAL
................................0.....................0……..………….....$0………………$0
Note: There are only single family homes in BANNOCKBURN, IL. Data provided by 2015 MRED, LLC, not Guaranteed. Fair Housing Compliant.

Overall existing-home sales for 2014, fell slightly below 2013, 5.1 million compared to 4.9 million for 2014. There is pent up synergy with sellers and buyers and the National Association of Realtors (NAR) is forecasting 2015 home sales will increase to 5.3 million with a continual upswing in 2016 to 5.4 million. Prices will remain at a healthy level of growth, with an anticipated 4 percent rise in 2015 and 2016.
The improving job market has consumers feeling more confident, and the rebound in home prices continues to build household wealth for homeowners while giving them the ability to sell after waiting the last few years.

If you are thinking about selling or buying a home in the North Suburbs of Chicago, please contact me:
PAM DEVENDORF, REALTOR at Coldwell Banker. Direct: (847) 681-4143, pam.devendorf@cbexchange.com

4th QUARTER SOLD DATA FOR DEERFIELD, IL ~ OCTOBER 1st – DECEMBER 31st, 2014


DEERFIELD, ILLINOIS
....................................Units…...DAYS on MARKET…….Median Sold $..........TOTAL SOLD
Condos/Townhomes.......27....................68.…….....................$205,000.................$5,890,500
Single Family…..............36....................86..............................$502,500….............$19,313,325

RENTALS:…............Units....... DAYS on MARKET…….Median Rental $........ VOLUME
........................................20...................55........……...…........$1,723…...……......$37,169
Data provided by 2015 MRED, LLC, not Guaranteed. Fair Housing Compliant.

Overall existing-home sales for 2014, fell slightly below 2013, 5.1 million compared to 4.9 million for 2014. There is pent up synergy with sellers and buyers and the National Association of Realtors (NAR) is forecasting 2015 home sales will increase to 5.3 million with a continual upswing in 2016 to 5.4 million. Prices will remain at a healthy level of growth, with an anticipated 4 percent rise in 2015 and 2016.
The improving job market has consumers feeling more confident, and the rebound in home prices continues to build household wealth for homeowners while giving them the ability to sell after waiting the last few years.

If you are thinking about selling or buying a home in the North Suburbs of Chicago, please contact me:
PAM DEVENDORF, REALTOR at Coldwell Banker. Direct: (847) 681-4143, pam.devendorf@cbexchange.com

Friday, January 9, 2015

DECEMBER 1 – DECEMBER 31, 2014: SOLD & RENTAL DATA FOR NORTH SHORE OF ILLINOIS.*


THE NORTH SHORE OF ILLINOIS
........................................Units...DAYS on MARKET...Median Sold $.........TOTAL SOLD
Condo’s/Town Homes.....133.…............75.....…...............$185,000.................$29,454,567
Single Family……….......199….............94........................$420,000….............$104,272,720
TOTAL…………………332….…........86…………........$310,500……..…...$133,727,287

RENTALS
…………....................Units..... DAYS on MARKET…….Median Rental $....TOTAL VOLUME
..........................................77..................50..……….…… $1,800…………….$164,554

DECEMBER 1 – DECEMBER 31, 2013
TOTALS………….……403………......86………..……..$360,000………….$176,564,330
Data provided by 2014 MRED, LLC, not Guaranteed. Fair Housing Compliant.


This Data Includes the Following Areas: Deerfield, Bannockburn, Riverwoods, Highland Park, Lake Forest, Lake Bluff, Lincolnshire, Northbrook, Glenview/Golf, Mundelein/Ivanhoe, Vernon Hills/Indian Creek and Buffalo Grove.
I hope everyone had an enjoyable Holiday Season! The December Real Estate market had a slow down due to the Holidays. The good news, interest rates for conforming Mortgages ($417,000 and under), hover around 3.75%. When purchasing a home, there are 2 important requirements a Buyer should complete; #1: A spread sheet of income and versus debt. This includes daily transportation, phone, gas, electric, groceries, entertainment, insurance costs, etc. It will give a Buyer a good estimate of how much one can afford for a monthly mortgage payment. The 2nd most important item is obtain a Pre-approval from your Lender.

If you are thinking about selling or buying a home in the North Suburbs of Chicago, please contact me:
PAM DEVENDORF, REALTOR at Coldwell Banker. Direct: (847) 681-4143, pam.devendorf@cbexchange.com

DECEMBER 1 – DECEMBER 31, 2014: SOLD & RENTAL DATA FOR BUFFALO GROVE, Illinois.


BUFFALO GROVE, ILLINOIS
....................................Units…...DAYS on MARKET…….Median Sold $..........TOTAL SOLD
Condos/Townhomes.......28....................70.…….....................$157,000.................$4,359,020
Single Family…..............35....................86..............................$300,000….............$11,447,448

RENTALS:…............Units....... DAYS on MARKET…….Median Rental $........ VOLUME
........................................10...................49........……...…........$1,650…...……......$17,325
Data provided by 2014 MRED, LLC, not Guaranteed. Fair Housing Compliant.

I hope everyone had an enjoyable Holiday Season! The December Real Estate market had a slow down due to the Holidays. The good news, interest rates for conforming Mortgages ($417,000 and under), hover around 3.75%. When purchasing a home, there are 2 important requirements a Buyer should complete; #1: A spread sheet of income and versus debt. This includes daily transportation, phone, gas, electric, groceries, entertainment, insurance costs, etc. It will give a Buyer a good estimate of how much one can afford for a monthly mortgage payment. The 2nd most important item is obtain a Pre-approval from your Lender.

If you are thinking about selling or buying a home in the North Suburbs of Chicago, please contact me:
PAM DEVENDORF, REALTOR at Coldwell Banker. Direct: (847) 681-4143, pam.devendorf@cbexchange.com
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DECEMBER 1 – DECEMBER 31, 2014: SOLD & RENTAL DATA FOR VERNON HILLS/INDIAN CREEK, Il.


VERNON HILLS/INDIAN CREEK, ILLINOIS
....................................Units…...DAYS on MARKET…….Median Sold $..........TOTAL SOLD
Condos/Townhomes.......20....................63.…….....................$113,500.................$3,138,218
Single Family…..............10....................56..............................$337,000….............$3,436,600

RENTALS:…............Units....... DAYS on MARKET…….Median Rental $........ VOLUME
.........................................8...................45........……...…........$1,563…...……......$12,620
Data provided by 2014 MRED, LLC, not Guaranteed. Fair Housing Compliant.

I hope everyone had an enjoyable Holiday Season! The December Real Estate market had a slow down due to the Holidays. The good news, interest rates for conforming Mortgages ($417,000 and under), hover around 3.75%. When purchasing a home, there are 2 important requirements a Buyer should complete; #1: A spread sheet of income and versus debt. This includes daily transportation, phone, gas, electric, groceries, entertainment, insurance costs, etc. It will give a Buyer a good estimate of how much one can afford for a monthly mortgage payment. The 2nd most important item is obtain a Pre-approval from your Lender.

If you are thinking about selling or buying a home in the North Suburbs of Chicago, please contact me:
PAM DEVENDORF, REALTOR at Coldwell Banker. Direct: (847) 681-4143, pam.devendorf@cbexchange.com

DECEMBER 1 – DECEMBER 31, 2014: SOLD & RENTAL DATA FOR MUNDELEIN/IVANHOE, Il


MUNDELEIN/IVANHOE, ILLINOIS
....................................Units…...DAYS on MARKET…….Median Sold $..........TOTAL SOLD
Condos/Townhomes.........9..................125.…….....................$149,500.................$1,266,100
Single Family…..............27....................88..............................$208,000….............$6,678,050

RENTALS:…............Units....... DAYS on MARKET…….Median Rental $........ VOLUME
........................................11...................32........……...…........$1,450…...……......$18,009
Data provided by 2014 MRED, LLC, not Guaranteed. Fair Housing Compliant.

I hope everyone had an enjoyable Holiday Season! The December Real Estate market had a slow down due to the Holidays. The good news, interest rates for conforming Mortgages ($417,000 and under), hover around 3.75%. When purchasing a home, there are 2 important requirements a Buyer should complete; #1: A spread sheet of income and versus debt. This includes daily transportation, phone, gas, electric, groceries, entertainment, insurance costs, etc. It will give a Buyer a good estimate of how much one can afford for a monthly mortgage payment. The 2nd most important item is obtain a Pre-approval from your Lender.

If you are thinking about selling or buying a home in the North Suburbs of Chicago, please contact me:
PAM DEVENDORF, REALTOR at Coldwell Banker. Direct: (847) 681-4143, pam.devendorf@cbexchange.com