How is the current market in Lake In The Hills, McHenry County IL?

How is the current market in Lake In The Hills, McHenry County IL?

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

•· We currently have 287 Single Family detached homes on the market in Lake In The Hills that are active and available. The current inventory of available homes for sale in Lake In The Hills has decreased slightly since my last market report.

•· They have been on the market for an average of 177 days.

•· The average list price in Lake In The Hills is $289,593.

•· During the past 3 months, 52 Single Family homes have successfully closed with the help of their Realtors. This only represents 56% of the market that have had success. They took an average of 131 days on the market to get SOLD. More homes have closed and market time of the sold properties has decreased in Lake in the Hills since my last report. This is good news!

•· The average list price of the SOLD Single Family homes is $237,510 and the average SOLD price is $227,511.

So, on the average Single Family homes in Lake In The Hills have been getting an average of 96% of their list prices, with the help of their Realtors.

•· We currently have 139 Attached homes on the market in Lake In The Hills that are active and available.

•· They have been on the market for an average of 181 days.

•· The average list price is $187,209.

•· During the past 3 months, 26 Attached homes have successfully closed with the help of their Realtors. This represents 58% 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 SOLDAttached homes is $169,052 and the average SOLD price is $162,571. The average sale price of attached homes in Lake In The Hills has decreased but so has the market time since my last report.

So, on the average Attached homes in Lake In The Hills 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 Lake In The Hills, McHenry County. There are fabulous buys....now is a GREAT time to buy real estate in Lake In The Hills!

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