The Buffalo Grove Real Estate Market

The Buffalo Grove real estate market has had a very strong start to 2016.  The average price of single family homes has increased nicely in January 2016 to $382,476, a 5.4% improvement over the January 2015 figure of $362,747.

From an inventory perspective, the monthly average of homes for sale continues to decline to 2.8.  This equals a 3.4% change from the average of 2.9 in January 2015. Anything under a 5 homes per month supply is considered a seller’s market.

Eric Booth Realty has experience in the Buffalo Grove area.  Whether you are buying or selling a home in the area, let us take care of all your needs.