Posts Tagged ‘Buffalo Grove Real Estate Activity’

Condo and Townhome Sales-Buffalo Grove

Buffalo Grove Real Estate Sales Condo’s and Townhomes

The number of transactions remained nearly the same for 2009 and 2010.

The sales prices fell 12.6% from 2009 to 20010.

The sales prices from 2007-2010 fell 18.9%

Buffalo Grove Condo Sales 2010

Are you thinking of SELLING/BUYING? Have to consider a short sale or foreclosure? Call me at 847-867-2972, or email me at your convenience.

Now is the time to go to a professional to get a true assessment of your situation.

Aerial Photos© Copyright 2011. Pictometry International Corp

Buffalo Grove Real Estate Sales and Outlook

Buffalo Grove Market Comparison 2010-2011So, it’s a new year, 2011. Let’s take a look at how real estate in Buffalo Grove has been doing.

If we take a look at all detached residential sales in Buffalo Grove for 2010 we come up with 230 units. This is an increase from 2009 when there was 208.

But how are prices doing?

If we compare 2009 to 2010 we see a decrease in average sold prices from $360,327 in 2009 to $350,170 in 2010. Approximately 2.8% less.

Go back to 2007 till 2010 and you will see at drop in prices of 16.1% for detached homes for Buffalo Grove real estate.

It appears the worst is over. We should be bumping around the bottom for 2011, with a little rebound starting in 2012.

If you have questions about the current market conditions or would like to buy or sell in Buffalo Grove or the surrounding areas, please don’t hesitate to call me at 847-465-3639 or email me