Real Estate Performance Review for Hawthorn Woods Announced by John Herman Team

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There were mixed results for the median sales price for attached and detached homes, townhomes, and condos in Hawthorn Woods for the year ending April 30, 2103.

Deals on Illinois homes

Deals on Illinois homes

The number of closed sales for attached homes rose from 5 closed sales for the year ending April 30, 2012 to 12 closed sales for the year ending April 30, 2013

There were mixed results for the median sales price for attached and detached homes, townhomes, and condos in Hawthorn Woods for the year ending April 30, 2103. The median sales price for attached homes increased by 13.6% as the price rose from $275,000 for the year ending April 30, 2012 to $312,500 for the year ending April 30, 2013. Whereas, the median sales price for detached homes remained constant at $450,000 for both the year ending April 30, 2012 and the year ending April 30, 2013. There were also mixed results for the number of closed sales for attached and detached homes sold in the area. The number of closed sales for attached homes rose from 5 closed sales for the year ending April 30, 2012 to 12 closed sales for the year ending April 30, 2013, but the number of closed sales for detached homes dropped from 96 closed sales for the year ending April 30, 2012 to 86 closed sale for the year ending April 30, 2013.

The year did show a decrease in the number of new listings for both attached and detached homes for sale in Hawthorn Woods. The number of new listings for attached homes dropped from 15 new listings for the year ending April 30, 2012 to 13 new listings for the year ending April 30, 2013, and the number of new listings for detached homes fell from 231 new listings for the year ending April 30, 2012 to 223 new listings for the year ending April 30, 2013. This also caused a decline in the month’s supply of inventory for both attached and detached homes for sale in the area. The month’s supply of inventory for attached homes fell from 7.6 homes for the year ending April 30, 2012 to 3.3 homes for the year ending April 30, 2013, and the month’s supply of inventory for detached homes dropped from 14.8 homes for the year ending April 30, 2012 to 10.2 homes for the year ending April 30, 2013.

There were mixed results for the market time for attached and detached homes, condos, and townhomes in Hawthorn Woods. The number of days attached homes remained on the market decreased from 420 days for the year ending April 30, 2012 to 110 days for the year ending April 30, 103, and the number of days detached homes stayed on the market dropped from 183 days for the year ending April 30, 2012 to 201 days for the year ending April 30, 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.

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