John Herman Team Announces June 2013’s Real Estate Performance Review for Kildeer
(PRWEB) July 18, 2013 -- The John Herman Team is pleased to announce the June 2013’s real estate performance review results for homes in Kildeer. The June 2013 review showed a 40% improvement in the number of closed sales on home sold in the community. The number of closed sales has actually risen for the third straight year, increasing from 4 closed sales in June 2011 to 5 closed sales in June 2012 to 7 closed sales in June 2013. The median sales price, however, has slowly declined over the past three years. The median sales price went from $605,000 in June 2011 to $516,500 in June 2012 to $507,000 in June 2013.
The June 2013 Illinois real estate review also showed a decrease in the number of homes for sale in Kildeer. The number of homes for sales decreased over the last three years, going from 60 homes for sale in June 2011 to 50 homes for sale in June 2012 to 29 homes for sale in June 2013. However, the number of new listings for homes in the area has remained steady for the last three years, staying at 12 new listings for June 2011, June 2012 and June 2013.
The month’s supply of inventory for Kildeer homes for sale also fell for three straight years, as it dropped from 18.5 homes in June 2011 to 10.3 homes in June 2012 to 5.7 homes in June 2013. The month did show a 33.7% improvement in the market time for homes sold in the community. The number of days homes remained on the market fell from 331 days in June 2012 to 220 days in June 2013. The improvement in the number of closed sales and market time, shows that the homes in Kildeer are selling at a faster rate. While there was a slight decrease in the market time, this difference represents a less than 2% difference from last June.
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.
John Herman, Deals On Homes, http://www.dealsonhomes.com, 847-847-4711, [email protected]
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