Long Grove IL Homes - Looking For Sales Success in 2012
If you had a home for sale in Long Grove all through the Holiday season you’ll be pleased to know our buyers web site is getting record visits this month for buyers searching Long Grove IL homes. Our site was expanded last year to include some of the towns near our core sales area of Barrington. Why? Well I have often sold homes in the 60047 area when buyers could not find what they were looking for in 60010.
Long Grove IL homes is a search term buyers key in to find homes in Long Grove. Seems they know what village they want to live in. Long Grove is known as a historic village but there are Long Groves in other states, like Iowa for example. So adding Illinois means they focus on the right homes to look at. This may in part be due to Adlai Stevenson High School being a magnet due to their great school report card. It might also be because buyers want to live in an area that can honestly be described as like the countryside.
The start of the new year often triggers new sellers to list their Long Grove IL homes for sale and so suddenly sellers from 2011 have new competition. Or is that just in the mind because we consider one book closes and a new one opens, it’s like starting over, i.e. end of year, start of year. For me I think it’s all in the mind. Every month your home is for sale, you’ll see new listings, doesn’t matter what time of year.
Long Grove IL Homes Year End Market Report
I hope this chart is self explanatory but some key points follow.
- There are a lot of Long Grove IL homes for sale. 113 which based on last years sales gives us about 18 months worth of inventory.
- Average days on market for Long Grove IL homes is not showing any real signs of improvement and old and new sellers alike need to be very mindful of that when pricing.
- List to sales price ratio is holding steady around 90%
- It appears the lower end of the market is selling.
I wish I had better news. When I review some of the beautiful Long Grove IL homes available to buy, I have to say some of the real estate tax amounts are pretty steep. I hope many of the owners have appealed their taxes! In the market to buy, view all Long Grove IL Homes by price range.
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Corinne Guest | Managing Broker | Royal Advocate Realty | Barrington, IL, 60010