Real Estate Performance Review for Barrington Announced by John Herman Team
(PRWEB) July 27, 2013 -- The John Herman team is pleased to announce the latest real estate performance review results for Barrington for the year ending June 30, 2013. The real estate performance review for homes in Barrington showed significant increase in the number of closed sales in this community. The number of closed sales for attached homes has risen by 200%, increasing from 14 closed sales for the year ending June 30, 2012 to 42 closed sales for the year ending June 30, 2013. There was also an increase of 29% in the number of closed sales for detached homes, as the number rose from 192 closed sales for the year ending June 30, 2012 to 249 closed sales for the year ending June 30, 2013. There were mixed results for the median sales price for home sold, as the median sales price for attached homes decreased from $161,250 for the year ending June 30, 2012 to $139,000 for the year ending June 30, 2013, and the median sales price for detached homes increased slightly from $395,000 for the year ending June 30, 2012 to $402,500 for the year ending June 30, 2013.
In Illinois real estate, there were also mixed results for the market time for homes sold, as the number of days detached homes remained on the market fell from 218 days for the year ending June 30, 2012 to 239 new listings for the year ending June 30, 2013. However, the number of days detached homes stayed on the market improved from 181 days for the year ending June 30, 2012 to 139 days for the year ending June 30, 2013. The year also showed a decline in the month’s supply of inventory for Barrington homes for sale. The month’s supply of inventory for attached homes fell from 23.4 homes for the year ending June 30, 2012 to 6.3 home for the year ending June 30, 2013, and the month’s supply of inventory for detached homes dropped from 10.6 homes for the year ending June 30, 2012 to 6.5 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.
John Herman, Deals On Homes, http://www.dealsonhomes.com, 847-847-4711, [email protected]
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