I spent some time with the 2009 real estate market data for Mount Prospect, Illinois.
There were 419 properties sold in 2009 in Mount Prospect, IL with an average market time of 181 days. Average sold price was $255,500. The minimum sold home had a value of $31,500 and the most expensive sold home was $900,000 in 2009.
On the first chart you can see, market time, average sold price, and how many condos and townhomes were sold in 2009.
Below real estate statistics chart is for detached single family homes sold in 2009. Slowly I am getting better with iWork.
Mount Prospect, IL Real Estate Market Statistics for 2009 by the price.
Few Stats from National Association of REALTORS®, 2009
Selling a home is a full-time job. And most of today's buyers are online (nearly 9 of 10 recent buyers used the Internet in their home search), and unrepresented sellers have no access to major online marketing avenues such as REALTOR.com and other sites with large pools of listings to which buyers are attracted.
Just 13% of recent sellers sold their home without professional representation. Only 7% of these sales were on the open market (cases where unrepresented sellers were selling to family, friends and neighbors account for 6 percent of all recent home sale activity).
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Feel free to contact me if you have any Real Estate questions regarding Mount Prospect, IL and other neighboring areas.
Mount Prospect Real Estate and area links on Homes By Haris.