Kildeer,IL (PRWEB) January 19, 2013
For December 2012, homes for sale in Kildeer include no condos or town homes also without any short sale properties available. New listings in December 2012 for Kildeer had only 1 traditional property, this time last year had 6 traditional new listings. For the last three years, no short sales have been listed and in December 2010 was the last time a REO was listed.
Kildeer has had zero attached properties for sale in the last three years and ended this month with 33 homes for sale, 20 homes less for sale than last year.
The percentage of short sale properties in kildeer homes decreased by 100% and left with having 2 REO properties for sale. The amount of traditional homes for sale in Kildeer is at 28 properties, this is only 7 homes for sale less than last year. The monthly supply of properties in Kildeer has decreased from 16.5 months in December 2010, to only 6.1 months of inventory for December 2012.
Within the last three years, the monthly supply of inventory has dropped substantially due to the loss of short sale activity. Average market time for the properties sold in Kildeer stands at a three year average of 378 days on market however, the average includes the last of the short sale days on market which is over 684 days and traditional properties for December 2012 only average 71 days on market.
The median price of homes for sale in Kildeer is slightly higher than last year and averages around $647,5000. In December 2010 the median price for traditional properties for sale was $534,000. For the last three years the median prices of Kildeer homes are increasing consistently, also very consistent is the amount of closed sales for the month of December and for the last three years Kildeer has an average of 4 properties closed. December 2012 had 2 traditional properties closed along with 2 short sales.
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.