Real Estate Performance Review for Kildeer Announced by John Herman Team

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The John Herman team is pleased to announce the latest real estate performance review results for Kildeer for the year ending June 30, 2013. The real estate performance review for homes in Kildeer showed a significant increase in the number of closed sales and the median sales price on homes sold.

Deals on Illinois homes

Deals on Illinois homes

The month did show some improvement in the market time for homes sold in this community, as the number of days homes remained on the market dropped from 285 days for the year ending June 30, 2012 to 272 days for the year ending June 30, 2013.

The John Herman team is pleased to announce the latest real estate performance review results for Kildeer for the year ending June 30, 2013. The real estate performance review for homes in Kildeer showed a significant increase in the number of closed sales and the median sales price on homes sold. The number of closed sales rose by 22%, increasing from 50 closed sales for the year ending June 30, 2012 to 61 closed sales for the year ending June 30, 2013. The median sales price also increased, rising from $516,500 for the year ending June 30, 2012 to $525,000 for the year ending June 30, 2013.

The year ending June 30, 2013 did, however, reveal a decrease of 37% in the number of homes for sale. In fact, the number of homes for sale has decreased steadily over the past three years, falling from 63 homes for sale for the year ending June 30, 2011 to 57 homes for sale for the year ending June 30, 2012 to 36 homes for sale for the year ending June 30, 2013. The Illinois real estate performance review also showed a decrease in the number of new listings for the year. The number of new listings fell from 115 new listings for the year ending June 30, 2012 to 103 new listings for the year ending June 30, 2013.

The month did show some improvement in the market time for homes sold in this community, as the number of days homes remained on the market dropped from 285 days for the year ending June 30, 2012 to 272 days for the year ending June 30, 2013. There was also a decline in the month’s supply of inventory for Kildeer homes for sale the month’s supply of inventory rell from 15.9 homes for the year ending June 30, 2012 to 7.0 homes for the year ending June 30, 2013.

About John Herman:

John Herman, Hometown Real Estate 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.

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