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