Noah Levy

Serving buyers and sellers in Highland Park,Illinois and other surrounding North Shore suburbs

Highland Park IL Real Estate Market Report for June 2011

MARKET ACTION REPORT June 2011
City: Highland Park
Property Type: Single Family Home, Townhome, Condo | Price $0.00 to $99,999,000.00
Trending Versus*: Trending Versus*:

                                                  Month            LM        L3m    PYM      LY         YTD               Prior YTD  Prior YR
Median List Price of all Current Listings $595,000 0% 8%
Average List Price of all Current Listings $937,992 2% 5%
June Median Sales Price $442,500 11% 2% 11% 5% $422,500 -2% 1%
June Average Sales Price $537,974 2% -2% -5% -1% $525,654 -7% -4%
Total Properties Currently for Sale (Inventory) 376 -5% -18%
June Number of Properties Sold 30 -12% -47% 148 -29%
June Average Days on Market (Solds) 124 -21% -7% -29% -12% 134 -12% -5%
Asking Price per Square Foot (based on New Listings) $223 -6% -1% -4% -25% $230 -37% -23%
June Sold Price per Square Foot $184 3% 2% 8% 3% $179 -4% 0%
June Month's Supply of Inventory 12.5 8% 7% 56% -24% 18.2 14% 10%
June Sale Price vs List Price Ratio 86.2% 0.9% 4% 4% 5.7% 82.9% 3.2% 1.6%

* LM=Last Month / L3M=Last 3 Months / PYM=Same Month Prior Year / LY=Last Year / YTD = Year-to-date

For more information regarding homes for sale or listing your property  in Highland Park IL, Glencoe, Kenilworth, Wilmette, Winnetka, Deerfield and other surrounding Chicago North Shore suburbs check out my website Noahlevyhomes.com give me a call at 312.203.2416 or email noah.levy@cbexchange.com.  

I look forward to hearing from you!  

"Noah Knows Real Estate!"

All rights reserved.  No copy writing permitted without written permission.

Highland Park IL Real Estate Market Update

Highland Park IL Real Estate Market UpdateHighland Park IL Real Estate Market Update.

Real Estate in  Highland Park IL  continues to increase compared to last year's numbers. The month of June 2010 in Highland Park IL was quite strong.  The Median Sales price for closed homes in Highland Park IL increased by 30% compared to the same time last year - Median Sales Price in June 2010 was $508,000 vs $390,750 in June of 2009.  In June of 2010 there were 41 closed properties vs. 28 in June of 2009.

There are many wonderful opportunities for buyer's who are  in the market place.  Overall inventory of homes has had a small decline but there is still plenty of great investments for buyers in Highland Park IL and other surrounding North Shore Suburbs.  With conventional interest rates of 4.5% it's a great time to get off of the fence.

 

 

Highland Park Real Estate Market Update

The above article, Highland Park IL Real Estate Market Update, was written by Noah Levy a REALTOR  assisting buyers and sellers in Highland Park IL and surrounding North Shore Suburbs.

 

For more information regarding homes for sale or listing your property  in Highland Park IL, Glencoe, Kenilworth, Wilmette, Winnetka, Deerfield and other surrounding Chicago North Shore suburbs check out my website Noahlevyhomes.com give me a call at 312.203.2416 or email noah.levy@cbexchange.com.  

I look forward to hearing from you!  

"Noah Knows Real Estate!"

All rights reserved.  No copy writing permitted without written permission.