Tuesday, June 24, 2008

How is the current market in Cary, IL?

How is the current market in Cary, IL?


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


As of today, per MRED MLS, for the past 3 months:


We currently have 267 Single Family homes on the market in Cary that are active and available.



  • They have been on the market for an average of 184 days.

  • The average list price is$362,242.

  • During the past 3 months, 38 Single Family homes have successfully closed with the help of their Realtors. This only represents 54% of the market that have had success. They took an average of 167 days on the market to be SOLD.

  • The average list price of the SOLD Single Family homes is $289,549 and the average SOLD price is $275,308.

  • The closed sales took an average of 167 days on the market.

  • With the help of their REALTORS, successful sellers in Cary have been getting 95% of their asking prices!



We currently have 66 Attached 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 $203,789.

  • During the past 3 months, 5 Attached homes have successfully closed in Cary with the help of their Realtors. This only represents 45% of the market that have had success. They took an average of 151 days on the market to be SOLD.

  • The average list price of the SOLD Attached homes in Cary is $169,373 and the average SOLD price is $171,420.


So, on the average Attached homes in Cary have been getting an average of 94% of their list prices, with the help of their Realtors.



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


If I can be of assistance to you, please do not hesitate to call or email me. It will be my pleasure!


By the way, if you know of someone that could benefit from my high level of service, please call or email me with their name and daytime phone number and I will make sure to follow up and take great care of them.


I appreciate YOU and your referrals!



I can be reached at my direct number at the office: 847.516.6760. I look forward to hearing from you!


No comments: