Tuesday, March 25, 2008

How is the current market in Cary, Illinois?

Cary, IL Market Conditions (Cary is located in both McHenry and Lake Counties in Northern Illinois

How is the current market in Cary?

As of this morning, per MLSNI, for the past 3 months:








(This home is SOLD-no wonder...it sure was cute!)

We currently have 249 Single Family homes on the market in Cary that are active and available.

They have been on the market for an average of 191 days.

The average list price is 347,814.

During the past 3 months, 17 Single Family homes have successfully closed with the help of their Realtors. This only represents 40% of the market that have had success. They took an average of 200 days on the market to get SOLD.

The average list price of the SOLD Single Family homes is 282,447 and the average SOLD price is 269,162.





<--This home in Cambria in Cary is already SOLD, but there are many others!

We currently have 61 Attached homes on the market in Cary that are active and available.

They have been on the market for an average of 185 days.

The average list price is 202,625

During the past 3 months, 4 Attached homes have successfully closed in Cary with the help of their Realtors. This only represents 31% of the market that have had success. They took an average of 110 days on the market to get SOLD.

The average list price of the SOLD Attached homes in Cary is 174,925 and the average SOLD price is 167,562.

So, on the average Attached homes in Cary have been getting an average of 96% of their list prices, with the help of their Realtors.

We are still experiencing a Buyer's Market in Cary.

If I can be of assistance to you, please do not hesitate to call or email me!




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