John Herman Team Shares Results for September 30, 2013 Real Estate Performance Review for Deer Park

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The John Herman team is pleased to share the results of the latest real estate performance review for Deer Park, dated September 30, 2013. This year-end report showed an increase in the median sales price and the number of closed sale for houses for sale in Deer Park.

Deals on Illinois homes

Deals on Illinois homes

The median sales price for attached homes rose this year, increasing from $344,950 for the year ending September 30, 2012 to $390,000 for the year ending September 30, 2103.

The John Herman team is pleased to share the results of the latest real estate performance review for Deer Park, dated September 30, 2013. This year-end report showed an increase in the median sales price and the number of closed sale for houses for sale in Deer Park.

The median sales price for attached homes rose this year, increasing from $344,950 for the year ending September 30, 2012 to $390,000 for the year ending September 30, 2103. The median sales price for detached homes also increased, going from $470,000 for the year ending September 30, 2012 to $485,000 for the year ending September 30, 2013. There was also an increase in the number of closed sales for attached homes, as the figures rose from 6 closed sales for the year ending September 30, 2012 to 9 closed sales for the year ending September 30, 2013. There was also an increase in the number of closed sales for detached homes, as the total increased from 6 closed sales for the year ending September 30, 2012 to 9 closed sales for the year ending September 30, 2013. The number of closed sale for detached homes rose from 27 closed sales for the year ending September 30, 2012 to 45 closed sales for the year ending September 30, 2013.

The Deer Park Illinois real estate performance review went on to show a decreased in the number of homes for sale in Deer Park. The number of attached homes for sale fell from 7 homes for the year ending September 30, 2012 to 2 homes for the year ending September 30, 2013. The number of detached homes for sale dropped slightly from 17 homes for the year ending September 30, 2012 to 16 homes for the year ending September 30, 2013. The report showed mixed results for the number of new listings reported in this community. While the number of new listings for attached homes remained steady at 16 new listings for the past two years, the number of new listings for detached homes increased by 57 percent, rising from 45 new listings for the year ending September 30, 2013 to 71 new listings for the year ending September 30, 2013.

There was also a decrease in the month’s supply of inventory for Deer Park real estate. The month’s supply of inventory for attached homes dropped from a 5.4-month supply for the year ending September 30, 2012 to a 1.4-month supply for the year ending September 30, 2013. The month’s supply of inventory for detached homes fell from an 8.2-month supply for the year ending September 30, 2012 to a 5.3-month supply of the year ending September 30, 2013. There was improvement in the number of days homes remained on the market. The market time for attached homes fell from 178 days for the year ending September 30, 2012 to 102 days for the year ending September 30, 2013. The market time for detached homes dropped from 143 days for the year ending September 30, 2012 to 100 days for the year ending September 30, 2013.

About John Herman:

John Herman,Hometown is considered the best real estate broker in Barrington, 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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