3rd QUARTER SOLD DATA FOR MUNDELEIN/IVANHOE, IL ~ JULY 1st – SEPTEMBER 30th, 2014

MUNDELEIN/IVANHOE, ILLINOIS
....................................Units…...DAYS on MARKET…….Median Sold $..........TOTAL SOLD
Condos/Townhomes....26....................29……......................$132,500.................$3,661,909
Single Family….........105....................51..............................$212,000.................$25,703,571

RENTALS:…............Units....... DAYS on MARKET…….Median Rental $........ VOLUME
.....................................53....................37........……....….......$1,550…...…….....$81,055
Data provided by 2014 MRED, LLC, not Guaranteed. Fair Housing Compliant.

Here is the 3rd Quarter Sold Data for MUNDELEIN/IVANHOE, Il. Our overall number of units sold is down by 2 -3%. However, Days on Market (time it takes a home to be listed and an offer submitted) has dropped by 2 – 3 weeks. The Median Sold Price continues to improve by a small percentage, 1% - 2%.
Our Spring & Summer Real Estate market was greatly impacted by Winter/Polar Vortex of 2014. A normal Season is usually 6 – 8 months, this year it was a very short 2- 3 months.
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