Real Estate Performance Review for Kildeer Announced by John Herman Team

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There was an increase of 3.3% in the median sales price for homes, townhomes, and condos in Kildeer for the year ending March 31, 2013. After seeing a slight decrease last year in the median sales price, as the number fell from $594,750 for the year ending March 31, 2011 to $506,500 for the year ending March 31, 2012, this year’s median sales price rose to $523,000 for the year ending March 31, 2013.

Deals on Illinois homes

Deals on Illinois homes

There was also an increase in the number of closed sales for homes in the area. The number of closed sales increased from 42 closed sales for the year ending March 31, 2012 to 61 closed sales for the year ending March 31, 2013, which is even substantially

There was an increase of 3.3% in the median sales price for homes, townhomes, and condos in Kildeer for the year ending March 31, 2013. After seeing a slight decrease last year in the median sales price, as the number fell from $594,750 for the year ending March 31, 2011 to $506,500 for the year ending March 31, 2012, this year’s median sales price rose to $523,000 for the year ending March 31, 2013. There was also an increase in the number of closed sales for homes in the area. The number of closed sales increased from 42 closed sales for the year ending March 31, 2012 to 61 closed sales for the year ending March 31, 2013, which is even substantially higher than March 31, 2011’s median sales price of 46 closed sales. The year did see a decrease of 28.5% in the number of homes for sale in Kildeer, as the number fell from 58 homes for the year ending March 31, 2012 to 41 closed sales for the year ending March 31, 2013. There was also a decrease in the number of new listings for homes for the third straight year. The number of new listings fell from 124 new listings for the year ending March 31, 2011 to 108 new listings for the year ending March 31, 2012 to this year’s total of 103 new listings for the year ending March 31, 2013. There was a decrease of 49.6% in the month’s supply of inventory for homes, condos, and townhomes in Kildeer. The month’s supply of inventory fell from 16.9 homes for the year ending March 31. 2012 to 8.5 homes for the year ending March 31, 2013. There was improvement in the market time for homes sold in the area, as the number of days homes remained on the market dropped from 342 days for the year ending March 31, 2012 to 282 days for the year ending March 31, 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. John's 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 Master's 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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