John Herman Team Announces July 2013’s Real Estate Performance Review for Deer Park

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The John Herman Team is pleased to announce the July 2013’s real estate performance review results for homes in Deer Park.

Deals on Illinois homes

Deals on Illinois homes

The number of closed sales for July 2013 increased for both attached and detached homes in Deer Park. The number of closed sales for attached homes rose from no closed sales in July 2012 to 1 closed sales in July 2013.

The John Herman Team is pleased to announce the July 2013’s real estate performance review results for homes in Deer Park. The July 2013’s performance review showed an increase in the number of closed sales for both attached and detached homes in the area.

The number of closed sales for July 2013 increased for both attached and detached homes in Deer Park. The number of closed sales for attached homes rose from no closed sales in July 2012 to 1 closed sales in July 2013. The number of closed sales for detached homes increased from 2 closed sales in July 2012 and 7 closed sales in July 2013. There were mixed results for the number of closed sale for attached and detached homes. There were no closed sale in July 2012 to compare this month’s median sales price of $379,500, but the median sales price for detached homes fell from $611,000 in July 2012 to $500,000 in July 2013.

The Illinois real estate review for Deer Park showed a decrease in the number of attached and detached homes for sale. The number of attached homes for sale fell by 57%, as the total fell from 7 homes for sale in July 2012 to 3 homes for sale in July 2013. The number of detached homes for sale dropped by 33%, as the number fell from 18 homes in July 2012 to 12 homes in July 2013. The month’s performance review also showed mixed results for the number of new listings for attached and detached homes for sale. The number of new listings for attached homes rose from 1 new listing in July 2012 to 3 new listings in July 2013, while the number of new listings for detached homes dropped from 8 new listings in July 2012 to 7 new listings in July 2013.

The month also showed a decrease in the month’s supply of inventory for Deer Park homes for sale . The month’s supply of inventory for attached homes dropped from 5.6 homes in July 2012 to 2.2 homes in July 2013, and the month’s supply of inventory for detached homes fell from 7.3 homes in July 2012 to 3.0 homes in July 2013. There was an increase in the market time for both attached and detached homes sold in this community. Since there were no attached homes sold in July 2012 there is no market time to compare this month’s with, but the number of days attached homes stayed on the market was 82 days for July 2013. The number of days detached homes remained on the market rose from 15 days in July 2012 to 168 days in July 2013.

About John Herman:

John Herman, Hometown is considered the Best Barrington real estate broker who serves the entire city of Barrington and its surrounding areas. He has more than twelve years of experience in the local real estate market and is dedicated to providing his clients with exceptional services that assist them in obtaining the right home, for the right price. He holds a Master’s Degree, as well as, an Accredited Buyer Representative Certification, a Short Sale Foreclosure Resource Certification, and is an Equator Short Sale Certified Platinum Member. His decade long commitment to providing each customer with individualized and prompt customer services has earned him the Five Star Professional Award for the past three years. In fact, his customer service ratings were so high, that John Herman has been ranked among the top 2% of real estate agents in the Greater Chicago Area. This distinguished honor speaks volumes about his strong commitment to his clients and his dedication to providing optimal services.

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John Herman
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since: 12/2010
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