McHenry Real Estate Market

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February 14, 2012

February 2012 McHenry Real Estate Market Conditions

By Jill and Sean Ryan
Spring is in the air!  How did January of 2012’ in the McHenry Real Estate Home Market do?  Lets’ take a look at the stats for the month of January….


There were 27 closed detached single family homes ranging from $18,000 to $313,431 and 11 closed attached single family homes ranging from $51,000 to $129,000 with $1800 in points. 


Currently there are 436 detached single family homes listed for sale ranging in price from $20,000 to $2,400,000 and there are 71 attached single family homes listed for sale ranging in price from $29,900 to $199,000.


Comparing January of 2012 to January of 2011…


Closed Listings 41 up 17.1%
Under Contract 57 up 131%
New Listings 99 down 9.2%
Listings for Sale 527 down 28%
Market Time 139 days down 24.5%
Average List Price down 7.8% or $175,855
Average Sales Price down 28.7% or $124,820
Median Sales Price down 11.8% or $97,500

 
We continue to see a trend to lower inventory and a significant change in listings under contract with a slight rise in closed listings comparing January 2011 to January 2012.

The Ryan Team looks forward to an exciting month of Feburary.  Beat the Winter Blues and Mark your calendars for the Wauconda Chamber of Commerce Expo.  Please visit us at Both G15 (we are the first booth walking in the main exhibit). We will have literature on hand, games, prizes, raffles & giveways.  One Real Estate Expert will be on hand at all times to answer any real estate question you may have.  Joining us will be Elizabeth Méndez-Larsen with Prospect Mortgage to answer any of your real estate financing 




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The Ryan Team Jill and Sean Ryan

The Ryan Team
Jill and Sean Ryan


206 S Main Street Wauconda
Wauconda, IL 60084
OFC: 847-526-0300
WEB: http://www.ryanrealtors.com/

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