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Health & Fitness

Real Time Housing Supply and Demand Change

Housing Change from March 2012 to March 2013

More than likely you have read and heard several stories about what’s going on in the real estate market and how it’s changed recently. Below are some real time facts on the change in the market. The information shows the change in number of homes for sale, under contract and sold from March 2012 to March 2013.

To summarize the data, there has been a drastic decrease in the number of homes for sale. This generally tends to stabilize prices and creates a seller’s market. However, price is still the determining factor. If the price is too high it will take longer to sell or not sell at all.

Algonquin and Lake In The Hills:

Find out what's happening in Algonquin-Lake In The Hillswith free, real-time updates from Patch.

Homes for sale decreased by 33.9% from March 2012 to March 2013

Homes under contract increased by 117.8% from March 2012 to March 2013

Find out what's happening in Algonquin-Lake In The Hillswith free, real-time updates from Patch.

Homes sold increased by 1.9% from March 2012 to March 2013

If you need advice on selling, buying or just want to know what home improvement projects will increase your home value, call or email me today at 847-331-2112, RichPerillo@Remax.net.

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