Mount Prospect, IL Real Estate Trends
The pie chart below is showing the percentage of sold homes that were short sale, REO (foreclosed) and regular sale homes. In Mount Prospect, IL detached single family homes show that 25% of the sales were foreclosures and short sales, while the number of those sales with townhomes and condos is much higher. The national average for the first quarter is 39% for REO's or foreclosures.
If you are thinking of buying or selling in Mount Prospect, feel free to contact me for any real estate needs you may have. No obligation comparable market analysis is available if you are thinking of selling your home. Getting ready to buy? I'll send you current listings on the market with correct listing status (the listing could be already sold!). Many buyers are surprised that the home they liked online is already under contract.