John Herman Team Announces Results from the September 30, 2013 Real Estate Performance Review for Port Barrington

Share Article

The John Herman team is excited to release the latest data results from the real estate performance review for the year ending September 30, 2013 for Port Barrington properties.

Deals on Illinois homes

Deals on Illinois homes

The median sales price rose from $165,000 for the year ending September 30, 2012 to $205,078 for the year ending September 30, 2013.

The John Herman team is excited to release the latest data results from the real estate performance review for the year ending September 30, 2013 for Port Barrington properties. These data results showed a dramatic increase of 86 percent in the number of closed sales, and a 24 percent rise in the median sales price.

The number of closed sales reported for the year ending September 30, 2013 was 28 closed sales, which is up 86 percent from September 30, 2012’s total of 15 closed sales. The year-end report also revealed a 24.3 percent increase in the median sales price for homes sold in Port Barrington. The median sales price rose from $165,000 for the year ending September 30, 2012 to $205,078 for the year ending September 30, 2013.

There was an additional increase in the number of new listings reported for the year-end in Port Barrington. The number of new listings for the year ending September 30, 2013 was 52 new listings, which is an increase of 26 percent over September 30, 2012’s total of 41 new listings. The Illinois real estate performance review did, however, report a decrease in the number of homes for sale in this community. The number of homes for sale has steadily declined over the past three years, dropping from 22 homes for the year ending September 30, 2011 to 19 homes for the year ending September 30, 2012 to 16 homes for the year ending September 30, 2013.

The performance review reported an additional decrease in the month’s supply of inventory for Port Barrington homes for sale. The month’s supply of inventory fell by 31 percent, decreasing from a 10.3-month supply for the year ending September 30, 2012 to a 7.0-month supply for the year ending September 30, 2013. The number of days homes for sale in this community remained on the market fell by 38 percent, with the market time declining from 256 days for the year ending September 30, 2012 to 159 days for the year ending September 30, 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