Cary Homes, Condos, and Townhomes for Sale in February Announced by the Herman Group

Share Article

There was a significant increase in the median sales price for both attached and detached homes, condos, and townhomes in Cary for the month of February 2013. The median sales price for attached homes rose by more than 28% increasing from $60,750 in February 2012 to $78,223 in February 2013.

Deals on Illinois homes

Deals on Illinois homes

This figures represent promising results considering the number of attached and detached homes for sale in Cary for sale decreased for the year.

There was a significant increase in the median sales price for both attached and detached homes, condos, and townhomes in Cary for the month of February 2013. The median sales price for attached homes rose by more than 28% increasing from $60,750 in February 2012 to $78,223 in February 2013. Whereas, the median sales price for detached homes increased by 41.2%, as the price rose from $164,250 in February 2012 to $232,000 in February 2013. There were mixed results for the number of closed sales for the area, as the number of closed sales for attached homes increased from 1 closed sale in February 2012 to 7 closed sales for February 2013, and the number of closed sales for detached homes decreased from 18 closed sales in February 2012 to 15 closed sales for February 2013. This figures represent promising results considering the number of attached and detached homes for sale in Cary for sale decreased for the year. The number of attached homes for sale fell from 35 homes in February 2012 to 29 homes in February 2013, and the number of detached homes for sale declined from 176 homes in February 2012 to 119 homes in February 2013.

The month’s supply of inventory also decreased in February 2013, as the month’s supply of inventory for attached homes fell from 9.1 homes in February 2012 to 5.9 homes in February 2013, and the month’s supply of inventory for detached homes dropped from 10.7 homes one year ago to 5.2 homes this February 2013.

There were mixed results for the number of new listings for homes, townhomes, and condos in Cary, as the number of new listings for attached homes increased from 7 new listings in February 2012 to 8 new listings in February 2013 and the number of new listings for detached homes fell from 37 new listings in February 2012 to 35 new listings for February 2013. There was also mixed results for the number of days homes remained on the market, as the market time for attached homes increased by more than 75% rising from 101 days in February 2012 to 177 days in February 2013, and the market time for detached homes improved by 30% decreasing from 291 days one year ago to 204 days for the month of February 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.

Share article on social media or email:

View article via:

Pdf Print

Contact Author

John Herman
Follow us on
Visit website