Real Estate Performance Review for Hawthorn Woods Announced by John Herman Team

There was an improvement in the median sales price for both attached and detached homes, condos, and townhomes in Hawthorn Woods.

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Deals on Illinois homes

Deals on Illinois homes

The month’s supply of inventory dropped for the third straight year for both attached and detached homes.

(PRWEB) April 28, 2013

There was an improvement in the median sales price for both attached and detached homes, condos, and townhomes in Hawthorn Woods. The median sales price for attached homes increased from $275,000 for the year ending March 31, 2012 to $312,500 for the year ending March 31, 2013.The median sales price for detached homes rose from $445,000 for the year ending March 31, 2012 to $450,000 for the year ending March 31, 2013. There were, however, mixed results in the number of closed sales for attached and detached homes. The number of closed sales for attached homes rose from 5 closed sales for the year ending March 31, 2012 to 13 closed sales for the year ending March 31, 2013. However, the number of closed sales for detached homes decreased from 103 closed sales for the year ending March 31, 2012 to 82 closed sales for the year ending March 31, 2013. There was a decrease in the number of new listings for homes for sale in Hawthorn Woods.

The number of new listings for attached homes dropped from 15 new listings for the year ending March 31, 2012 to 12 new listings for the year ending March 31, 2013, and the number of new listings for detached home fell from 233 new listings for the year ending March 31, 2012 to 212 new listings for the year ending March 31, 2013. This decrease in the number of homes for sale and the number of new listings, also caused a decline in the month’s supply of inventory. The month’s supply of inventory dropped for the third straight year for both attached and detached homes. The month’s supply of inventory for attached homes fell from 8.5 homes for the year ending March 31, 2011 to 7.9 homes for the year ending March 31, 2012 to finally 3.5 homes for the year ending March 31. 2013. The month’s supply of inventory for detached homes dropped from 20.3 homes for the year ending March 31, 2011 to 15.8 homes for the year ending March 31, 2012 to 10.2 homes for the year ending March 31, 2013. There were mixed results for the market time for attached and detached homes, townhomes, and condos sold in Hawthorn Woods. If you want to know more about homes for sale please visit this link http://www.barringtonproperty.com/

The number of days attached homes remained on the market dropped from 440 days for the year ending March 31, 2012 to 114 days for the year ending March 31. 2013, and the number of days detached homes stayed on the market increased from 188 days for the year ending March 31, 2012 to 202 days for the year ending March 31, 2013.

Welcoming his 12th year of Real Estate experience, John Herman effectively turns buyers into owners, and closes listings successfully with Barrington Real Estate, Illinois. Clients are quickly referred to as guests in his home market, welcoming everyone to his performance standards uniquely separating him from the competition. Johns diligent work with clients earned him a 2011 Five Star Professional Award. As a daily hard working Realtor, John has made it in the top 7% of Real Estate agents granted this award. With his Masters Degree, John is also certified in Foreclosure and Short Sale transactions along with certification as an Accredited Home Buyer Representative. John and his team are localized experts with over 20 years of real estate experience within the beautiful area of Chicago. John Herman controls the necessary actions to position the right inspector, plumber, or resourceful help needed to close every deal properly.


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