Mount Prospect Real Estate Trends July 2012

The snapshot below is showing real estate trends from 2007 trough 2011 in Mount Prospect, IL compiled from MLS. 

The current average listing price in Mount Prospect is $236,117. Slightly higher compared to the average sold price at the end of 2010. As I type, the average market time is 221 days and there are more than 100 homes available from $200,000 - $400,000 price range. If you are thinking of buying a home in Mount Prospect, don't wait, as you can see there were 435 homes sold in 2011 compared to 422 in 2009. There were 8 homes sold in the price range from $500,000 to $1,000,000.
Year to date:
The highest single family home in Mt. Prospect was sold for $917,323
The most affordable was $26,000.  
Currently there are 168 properties under contract.
Mount Prospect Real Estate Market Trends 2007-2011

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 Haris Dedic, Realtor®, SFR,SRES