July 31, 2013 Real Estate Performance Review for Fox River Grove Announced by John Herman Team

Share Article

The John Herman team is pleased to announce the latest real estate performance review results for Fox River Grove for the year ending July 31, 2013. The real estate performance review for homes in Fox River Grove showed a significant increase in the number of closed sales for both attached and detached homes.

Deals on Illinois homes

Deals on Illinois homes

The number of closed sales for attached homes in Fox River Grove rose by 200%, as the figure increased from 4 closed sales for the year ending July 31, 2012 to 12 closed sale for the year ending July 31, 2013.

The John Herman team is pleased to announce the latest real estate performance review results for Fox River Grove for the year ending July 31, 2013. The real estate performance review for homes in Fox River Grove showed a significant increase in the number of closed sales for both attached and detached homes.

The number of closed sales for attached homes in Fox River Grove rose by 200%, as the figure increased from 4 closed sales for the year ending July 31, 2012 to 12 closed sale for the year ending July 31, 2013. Whereas, the number of closed sales for detached homes increased by 49%, as the number rose from 55 closed sales for the year ending July 31, 2012 to 82 closed sales for the year ending July 31, 2013. The year showed mixed results for the median sales price for attached and detached homes sold. The median sales price for detached homes rose from $56,575 for the year ending July 31, 2012 to $63,500 for the year ending July 31, 2013. However, the median sales price for attached homes dropped from $187,500 for the year ending July 31, 2012 to $183,000 for the year ending July 31, 2013.

The Illinois real estate performance review showed a decrease in the number of attached and detached homes for sale in Fox River Grove. The number of attached homes for sale declined from 9 homes for the year ending July 31, 2012 to 3 closed sales for the year ending July 31, 2013, and the number of detached homes for sale dropped from 49 homes for the year ending July 31, 2012 to 37 homes for the year ending July 31, 2013. There were mixed results, however, for the number of new listings for attached and detached homes for sale. The number of new listings for attached homes fell from 17 new listings for the year ending July 31, 2012 to 7 new listings for the year ending July 31 2013, but the number of new listings for detached homes increased from 117 new listings for the year ending July 31, 2012 to 137 new listings for the year ending July 31, 2013.

There were also mixed results for the month’s supply of inventory for attached and detached Fox River Grove homes for sale. The month’s supply of inventory for attached homes rose from zero homes for the year ending July 31, 2012 to 1.8 homes for the year ending July 31, 2013, and the month’s supply of inventory for detached homes dropped from 9.9 homes for the year ending July 31, 2012 to 6.1 homes for the year ending July 31, 2013. There was also mixed results for the market time for homes sold in the area. As the number of days attached homes remained on the market increased from 216 days for the year ending July 31, 2012 to 349 days for the year ending July 31, 2013, the number of days detached homes stayed on the market dropped from 192 days for the year ending July 31, 2012 to 117 days for the year ending July 31, 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.

Share article on social media or email:

View article via:

Pdf Print

Contact Author

John Herman
Deals On Homes
+1 (847) 847-4711
Email >
@JohnHermanAgent
since: 12/2010
Follow >
DealsOnHomes
since: 07/2012
Like >
Follow us on
Visit website