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
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