Real Estate Performance Review for Kildeer Announced by Herman Team

Share Article

There was a dramatic increase of 45.2% in the number of closed sales for homes, townhomes, and condos in Kildeer for the year ending April 30, 2013. The number of closed sales rose from 42 closed sales for the year ending April 30, 2012 to 61 closed sales for the year ending April 30, 2013

Deals on Illinois homes

Deals on Illinois homes

The year ending April 30, 2013 did show some improvement in the market time for homes sold in the area, as the number of days homes remained on the market.

There was a dramatic increase of 45.2% in the number of closed sales for homes, townhomes, and condos in Kildeer for the year ending April 30, 2013. The number of closed sales rose from 42 closed sales for the year ending April 30, 2012 to 61 closed sales for the year ending April 30, 2013. There has been, however, a steady decrease in the median sales price over the last three years, as the median sales price has fallen from $595,000 for the year ending April 30, 2011 to $523,750 for the year ending April 30, 2012 to finally $510,000 for the year ending April 30, 2013. There has also been a steady decrease in the number of homes for sale in Kildeer for the past three years. The number of homes for sale has dropped from 69 homes for sale for the year ending April 30, 2011 to 58 homes for sale for the year ending April 30, 2012 to finally 39 homes for sale for the year ending April 30, 2013.

After seeing a slight increase in the number of new listings last year, as the number rose from 114 new listings for the year ending April 30, 2011 to 118 new listings for the year ending April 30, 2012, the number of new listings dropped this year to 100 new listings for the year ending April 30, 2013. There year also showed a decline in the month’s supply of inventory for homes, condos, and townhomes in Kildeer for the year ending April 30, 2013. The month’s supply of inventory dropped from 16.8 homes for the year ending April 30, 2012 to 7.8 homes for the year ending April 30, 2013. The year ending April 30, 2013 did show some improvement in the market time for homes sold in the area, as the number of days homes remained on the market decreased from 329 days for the year ending April 30, 2012 to 280 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. 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 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

Share article on social media or email:

View article via:

Pdf Print

Contact Author

John Herman
Follow us on
Visit website