Highland Park IL Real Estate Market Update
The Highland Park IL Real Estate Market continued to be active in July. Overall, the sales price of homes are less than they were in 2009. In July of 2010 the Average Sales Price in Highland Park was $487,750.00 a 23% decline from July of 2009 when the Average Sales Price was $634,122.00. Although prices have declined (to adjust to the market) we have seen some positive trends. The Average Market Time in July was 127 days which is a significant decrease from June which was 176 days. The Selling Price vs. the Original Listing Price shows how much the seller is willing to come off of their List Price. In July of 2010 we saw an increase compared to June of 2010 in Sales Price vs. Original List Price - the average in July it was 90.9% compared to 83% in June.
Below are additional monthly statistics for Highland Park for your review. Keep in mind that every property is unique. If you want additional information regarding the sale of your home or buying one let's talk.
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!"
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